Tuesday, 10 April 2012 GOCEAN – Stock Pick

GOCEAN ( 0074 : 0.26 ) : Buy below 0.24 / Stop loss 0.21

Description
Resistance : 0.275 0.30

Support : 0.21 0.23

RSI of 56
RSI is recovering

STOCHASTIC
It indicates a small pullback

TREND INDICATOR
Comment
The current recovery has been capped at the Double top of 0.275, indicating a likely pullback, with support
at 0.23


Trading Strategy
Buy below 0.24. Stop loss is at 0.21


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.