Friday, 9 Mar 2012 NICORP – Stock Pick

NICORP ( 4464 : 0.63 ) : Buy below 0.60

Description
Property and logging
Resistance : 0.75
Support : 0.56 0.60

RSI of 68
RSI is overbought

STOCHASTIC
It is turning down

TREND INDICATOR
Comment
Following the recent consolidation breakout, it is heading for 0.75. A pullback to 0.60 is likely, due to the
overbought Stochastic



Trading Strategy
Buy below 0.60. Stop loss is at 0.56



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.