Monday, 9 April 2012 HWATAI – Stock Pick

HWATAI ( 8478 : 0.57 ) : Stop loss raised to 0.55 / Sell around 0.62

Description
Biscuits

Resistance : 0.62 0.64

Support : 0.55

RSI of 57
RSI is on the rise

STOCHASTIC
It is riding on an up swing

TREND INDICATOR
Comment
On the buy recommendation of 29/3/2012, it has rebounded from the Double bottom of 0.505, and is
heading for 0.62-0.64. Stop loss is raised to 0.55

Trading Strategy
Sell around 0.62. Stop loss is raised to 0.55


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.