Tuesday, 10 April 2012

Stock Overview - WONG - 10 Apr 2012

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

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