Monday, 26 Mar 2012 HWGB – Stock Pick

HWGB ( 9601 : 0.405 ) : Stop loss 0.39

Description
Resistance : 0.46
Support : 0.395



RSI of 50
RSI is neutral, and appears to have stabilised

STOCHASTIC
It is oversold, and recovering

TREND INDICATOR
Comment
While it is hovering at a key support of 0.395, it is due for a technical rebound to 0.46 on the overall oversold
technicals. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39


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.