Thursday, 26 July 2012 BGYEAR – Stock Pick

Thursday, 26 July 2012 BGYEAR – Stock Pick



BGYEAR ( 7023 : 0.59 ) : Take profit

Description

Resistance : 0.62

Support : 0.54

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 20/7/2012 buy call at 0.46, we are recommending to take profit as the upside is expected to be
limited due to the overbought level

Trading Strategy
Take profit

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.

Friday, 20 July 2012 BGYEAR – Stock Pick

Friday, 20 July 2012 BGYEAR – Stock Pick



BGYEAR ( 7023 : 0.46 ) : Targeting 0.54/Stop loss 0.40

Description

Resistance : 0.54 0.62

Support : 0.40

RSI of 64
RSI is rising

STOCHASTIC
It is on an upswing

Comment
The current technical rebound is targeting 0.54, and possibly 0.62

Trading Strategy
Buy. Stop loss is at 0.40

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.