Thursday, 8 Mar 2012 HWGB – Stock Pick

HWGB ( 9601 : 0.46 ) : Targeting 0.54

Description
Resistance : 0.54 0.63
Support : 0.43

RSI of 67
RSI is on the rise

STOCHASTIC
It riding on an upswing

TREND INDICATOR
Comment
While the upside target of 0.54 remains intact due to rising volume and positive technicals, a tight stop loss
should be placed at 0.43

Trading Strategy
Buy. Stop loss is at 0.43


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.