Wednesday, 29 Feb 2012 OPENSYS – Stock Pick

OPENSYS ( 0040 : 0.13 ) : Targeting 0.17
Description
Application software
Resistance : 0.17
Support : 0.12
RSI of 42
RSI is oversold
STOCHASTIC
It is oversold and recovering
TREND INDICATOR
Down
Comment
Following the recent sharp sell down from the 0.22 high, a technical rebound is due. The 50% retracement
level is at 0.17
Trading Strategy
Buy. Stop loss is at 0.12

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.