Thursday, 22 Mar 2012 INGENS – Stock Pick

INGENS ( 0034 : 0.13 ) : Targeting 0.19

Description
IT services

Resistance : 0.19
Support : 0.115

RSI of 80
RSI is overbought

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Following the recent consolidation breakout at 0.115, it is heading for 0.19. Stop loss should be placed at
0.115

Trading Strategy
Buy. Stop loss is at 0.115

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.