Thursday, 23 Feb 2012 REDTONE – Stock Pick

REDTONE ( 0032 : 0.30 ) : Targeting 0.34
Description
Resistance : 0.34 0.37
Support : 0.28
RSI of 51
RSI is stabilising
STOCHASTIC
It is oversold
TREND INDICATOR
Sideways
Comment
The upkick yesterday is heading for 0.34. A tight stop loss should be placed at 0.28
Trading Strategy
Buy. Stop loss is at 0.28

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.