Tuesday, 10 April 2012 WONG – Stock Pick

WONG ( 7050 : 0.29 ) : Targeting 0.41 / Tight stop loss 0.25

Description

Metal precision parts

Resistance : 0.41 0.46

Support : 0.26

RSI of 60
RSI is on the rise

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
The current recovery is heading for the 50% retracement of 0.41. 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.