Thursday, 8 Mar 2012 SILVER – Stock Pick

SILVER ( 7136 : 0.22 ) : Targeting 0.28

Description
Resistance : 0.28 0.33
Support : 0.19

RSI of 28
RSI is oversold, and rebounding

STOCHASTIC
It has started to recover, from its oversold level

TREND INDICATOR
Comment
The sharp upkick yesterday, is heading for 0.28. A tight stop loss should be placed at 0.19


Trading Strategy
Buy. Stop loss is at 0.19


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.