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Thursday, October 25, 2012

ZLBT Random Stock Pick 25 Oct 2012 >>> DBHD (3484)

GE 13 Short-term Trade
DBHD (3484)
Chart Analysis
An important development took place on 24 October 2012 where the price of DBHD broke the resistance of 0.39. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. DBHD close 0.41 with a +0.025 gain on increased volume.
Recommend BUY ON WEAKNESS (Red prices only)
Cutloss 0.38 > 0.37
Target : 0.525 & 0.580

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