Wednesday, 28 Mar 2012 CENSOF – Stock Pick

CENSOF ( 5195 : 0.415 ) : Oversold

Description
Application software

Resistance : 0.50
Support : 0.38 0.40

RSI of 32
RSI is on a buy divergence


STOCHASTIC
It is oversold


TREND INDICATOR
Comment
The recent correction from 0.56, has ended at 0.41, which is close to the 61.8% retracement support of 0.40.
A technical rebound to 0.50 is likely


Trading Strategy
Buy. Stop loss is at 0.38


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.