Wednesday, 14 Mar 2012 SHCHAN – Stock Pick

SHCHAN ( 4316 : 1.10 ) : Targeting 1.24 Description Animal feeds and poultry products Resistance : 1.16 1.24 Support : 0.94 RSI of 78 RSI is overbought STOCHASTIC It is riding on an upswing TREND INDICATOR Comment The strong spike-up yesterday, is heading higher to the 61.8% retracement of 1.16, and possibly 1.24. Stop loss should be placed at 0.94 Trading Strategy Buy. Stop loss is at 0.94 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.