Tuesday, 14 Aug 2012 PARKSON – Stock Pick

Tuesday, 14 Aug 2012 PARKSON – Stock Pick



PARKSON ( 5657 : 4.82 ) : Take profit

Description

Resistance : 4.87

Support : 4.75

RSI of 58
RSI is neutral

STOCHASTIC
It is on an upswing

Comment
On the 29/6/2012 buy call, we are recommending to take profit as the upside appears to have been capped
at the overhead trendline of 4.87

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.

Thursday, 17 May 2012 PARKSON – Stock Pick

Thursday, 17 May 2012 PARKSON – Stock Pick



PARKSON ( 5657 : 4.92 ) : Avoid


Description

Resistance : 5.06

Support : 4.30 4.70

RSI of 26
RSI is oversold


STOCHASTIC
It is oversold


Comment
As the longer term technicals are weakening, it is likely to be heading lower to 4.70


Trading Strategy
Avoid



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, 18 Jan 2012 PARKSON – Stock Pick

PARKSON ( 5657 : 5.60 ) : Targeting 5.90
Description
Resistance : 5.90 6.15
Support : 5.52
RSI of 52
RSI is neutral
STOCHASTIC
It is neutral
TREND INDICATOR
Sideways
Comment
While it has stabilized, it is likely to be heading upwards to target 5.90, and possibly 6.15
Trading Strategy
Buy. Stop loss is at 5.52


Disclaimer
This report is provided for information purposes only.