Wednesday, 3 Oct 2012 BORNOIL – Stock Pick

Wednesday, 3 Oct 2012 BORNOIL – Stock Pick



BORNOIL ( 7036 : 0.41 ) : Targeting 0.47/Stop loss 0.38

Description

Resistance : 0.47
Support : 0.38

RSI of 43
RSI is recovering

STOCHASTIC
It is oversold

Comment
The recent sell down has ended at the Double bottom of 0.385. With oversold technicals, it is due for a
technical rebound

Trading Strategy
Buy: Stop loss is at 0.38

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.