Wednesday, 12 Sep 2012 PERWAJA – Stock Pick

Wednesday, 12 Sep 2012 PERWAJA – Stock Pick



PERWAJA ( 5146 : 0.595 ) : Targeting 0.66/Stop loss 0.575
Description

Resistance : 0.66
Support : 0.58

RSI of 41
RSI is on a positive buy divergence

STOCHASTIC
It is oversold, and due for a rebound

Comment
The downside is limited following the recent sell down. Technicals are in a positive divergence

Trading Strategy
Buy. Stop loss is at 0.575

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.