Tuesday, 16 Oct 2012 BORNOIL – Stock Pick

BORNOIL ( 7036 : 0.46 ) : Take profit

Description

Resistance : 0.48
Support : 0.44

RSI of 63
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 3/10/2012 at 0.41, we are recommending to take profit as technicals are overbought

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.

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.

Thursday, 9 Aug 2012 BORNOIL – Stock Pick

Thursday, 9 Aug 2012 BORNOIL – Stock Pick



BORNOIL ( 7036 : 0.505 ) : Targeting 0.60/Stop loss 0.46

Description

Resistance : 0.60

Support : 0.48

RSI of 65
RSI is neutral

STOCHASTIC
It is on an upswing

Comment
The recent pullback from the Double Top of 0.56, may have ended at 0.48. Upside is at 0.60

Trading Strategy
Buy. Stop loss is at 0.48

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.