Thursday, 24 May 2012 TA – Stock Pick

Thursday, 24 May 2012 TA – Stock Pick



TA ( 4898 : 0.54 ) : Targeting 0.62/Stop loss 0.51

Description

Resistance : 0.62 0.72

Support : 0.53

RSI of 40
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
The recent correction has ended at the price gap of 0.53

Trading Strategy
Buy. Stop loss is at 0.51


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.

Monday, 7 May 2012 TA – Stock Pick

TA ( 4898 : 0.57 ) : Targeting 0.72/Stop loss 0.55

Description

Resistance : 0.72

Support : 0.555

RSI of 43
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
It has bottomed out at the support line of 0.555. A technical rebound to test the previous high of 0.67, and
possibly 0.72, is likely


Trading Strategy
Buy. Stop loss is at 0.55


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.

Tuesday, 14 Feb 2012 TA – Stock Pick

TA ( 4898 : 0.66 ) : Targeting 0.75
Description
Resistance : 0.75
Support : 0.63
RSI of 83
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
While the current upward push is targeting 0.75, it is suggested to take profit in the area of 0.72-0.75 due to
the overbought technicals
Trading Strategy
Buy. Stop loss is at 0.63

Disclaimer
This report is provided for information purposes only.

Tuesday, 31 Jan 2012 TA – Stock Pick

TA ( 4898 : 0.61 ) : Consolidation breakout
Description
Resistance : 0.72
Support : 0.59
RSI of 66
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Following the consolidation breakout yesterday, it is heading for the 61.8% retracement of 0.72
Trading Strategy
Buy. Stop loss is at 0.59

Disclaimer
This report is provided for information purposes only.

Friday, 30 Dec 2011. TA – Stock Pick

TA ( 4898 : 0.59 ) : Double bottom
Description
Resistance : 0.72
Support : 0.57
RSI of 55
RSI is neutral
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Currently hovering at the Double bottom of 0.57, it expected to test the 61.8% retracement of 0.72
Trading Strategy
Buy. Stop loss is at 0.56

Disclaimer
This report is provided for information purposes only.

TA – Stock Pick

Friday, 18 Nov 2011. TA – Stock Pick


TA ( 4898 : 0.62 ) : Targeting 0.72
Description
Resistance : 0.72
Support : 0.59
RSI of 62
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Sideways
Comment
Following the consolidation breakout at 0.60, it is heading for the 61.8% retracement of 0.72
Trading Strategy
Buy for 0.72. Tight stop loss at 0.59