Wednesday, 4 April 2012 RSAWIT – Stock Pick

Wednesday, 4 April 2012 RSAWIT – Stock Pick


RSAWIT ( 5113 : 1.04 ) : Targeting 1.13-1.16

Description
CPO
Resistance : 1.13 1.16
Support : 0.99

RSI of 44
RSI is stabilising

STOCHASTIC
It has started to turn upwards

TREND INDICATOR
Comment
The recent correction has bottomed at 0.995, which is a support level. It is in for a technical rebound to
target 1.13. A tight stop loss should be placed at 0.99

Trading Strategy
Buy. Stop loss is at 0.99

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.