Wednesday, 7 Mar 2012 GOCEAN – Stock Pick

GOCEAN ( 0074 : 0.305 ) : Targeting 0.42

Description
Resistance : 0.42
Support : 0.17 0.25

RSI of 68
RSI is on the rise

STOCHASTIC
It riding on an upswing

TREND INDICATOR
Comment
It has bottomed at the 0.25 low, a 61.8% retracement, indicating a likely push up to 0.42. A tight stop loss
should be placed at 0.25


Trading Strategy
Buy. Stop loss is at 0.25


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.