Monday, 22 Oct 2012 WTK – Stock Pick

WTK ( 4243 : 1.10 ) : Take profit

Description

Resistance : 1.13
Support : 1.02

RSI of 66
RSI is approaching overbought

STOCHASTIC
It is approaching overbought

Comment
On the buy of 13/9/2012 at 1.03, we are recommending to take profit as the upside is limited

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, 13 Sep 2012 WTK – Stock Pick

Thursday, 13 Sep 2012 WTK – Stock Pick



WTK ( 4243 : 1.03 ) : Targeting 1.13/Stop loss 0.99
Description

Resistance : 1.13
Support : 0.99

RSI of 24
RSI is oversold

STOCHASTIC
It is oversold, and due for a rebound

Comment
It has bottomed at 1.00 following the recent sell down. Technicals are oversold

Trading Strategy
Buy. Stop loss is at 0.99

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, 17 April 2012 WTK – Stock Pick

WTK ( 4243 : 1.52 ) : Targeting 1.75-1.85/stop loss 1.45

Description

Timber

Resistance : 1.75 1.85

Support : 1.45

RSI of 63
RSI is recovering


STOCHASTIC
It remains firm


TREND INDICATOR
Comment
It is on a technical rebound to target the 61.8% of 1.75. Resistance is expected in the region of 1.85.


Trading Strategy
Buy. Stop loss is at 1.75


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, 13 Dec 2011. WTK – Stock Pick

Description
Resistance : 1.34
Support : 1.08
RSI of 38
RSI is on a small spike up
STOCHASTIC
It is oversold
TREND INDICATOR
Down
Comment
It may have completed its correction at the low of 1.13, as technicals are approaching oversold
Trading Strategy
Buy. Stop loss is at 1.08