Tuesday, 6 Mar 2012 POS – Stock Pick

POS ( 4634 : 2.66 ) : Targeting 2.92

Description
Resistance : 2.92 3.10
Support : 2.60

RSI of 42
RSI is starting to stabilise

STOCHASTIC
It is on a positive divergence


TREND INDICATOR
Comment
With the downside limited to the lower trendline of 2.60, it is likely to head higher to 2.92


Trading Strategy
Buy. Stop loss is at 2.60


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.