Friday, 13 April 2012 VERSATL – Stock Pick

VERSATL ( 4995 : 0.32 ) : Targeting 0.38/stop loss 0.29

Description
Packaging products manufacturer

Resistance : 0.38

Support : 0.29

RSI of 41
RSI is starting to recover

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
With oversold technicals, it is in for a rebound to 0.38. Suggest to buy at current level, and sell at 0.38. A
tight stop loss should be placed at 0.29

Trading Strategy
Buy. Stop loss is at 0.29


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, 12 Dec 2011. VERSATL – Stock Pick

VERSATL ( 4995 : 0.41 ) : Take profit
Description
Resistance : 0.45
Support : 0.37
RSI of 72
RSI is in a negative sell divergence
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The recent run up to 0.455, has overextended our earlier buy target. It has gone overbought, indicating a
likely pullback
Trading Strategy
Take profit