Wednesday, 19 Sep 2012 BRIGHT – Stock Pick

Wednesday, 19 Sep 2012 BRIGHT – Stock Pick



BRIGHT ( 9938 : 1.47 ) : Targeting 1.62/Stop loss 1.39

Description

Resistance : 1.62 1.72
Support : 1.39

RSI of 52
RSI is rebounding

STOCHASTIC
It is oversold

Comment
The strong upkick yesterday, is retesting the high of 1.63, and likely to target 1.72

Trading Strategy
Buy. Stop loss is at 1.39

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.