Friday, 6 April 2012 NICORP – Stock Pick

NICORP ( 4464 : 0.485 ) : Targeting 0.58

Description
Resistance : 0.58

Support : 0.43

RSI of 48
RSI is rebounding

STOCHASTIC
It is turning upwards from its oversold level

TREND INDICATOR
Comment
The recent correction from 0.74 has ended at 0.43 yesterday. A 50% retracement level is at 0.58


Trading Strategy
Buy. Stop loss is at 0.43



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.