Monday, 9 April 2012 SHCHAN – Stock Pick

SHCHAN ( 4316 : 1.24 ) : Stop loss raised to 1.19 / Sell above 1.28

Description
Animal feeds

Resistance : 1.28 1.38

Support : 1.19

RSI of 72
RSI is overbought

STOCHASTIC
It is riding on an up swing

TREND INDICATOR
Comment
On the buy recommendation of 14/3/2012, it has hit the 1.16 target. Stop loss is raised to 1.19. Suggest to
sell above 1.28


Trading Strategy
Sell above 1.28. Stop loss is raised to 1.19


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.