Stock Overview - WONG - 10 Apr 2012

Stock Name: WONG
Company Name: WONG ENGINEERING CORPORATION

Research House: JUPITER

Price Call: BUY

Target Price: 0.41

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

Stock Overview - WONG - 15 Mar 2012

Stock Name: WONG
Company Name: WONG ENGINEERING CORPORATION

Research House: JUPITER

Price Call: BUY

Target Price: 0.46

WONG ( 7050 : 0.33 ) : Targeting 0.46

Description
Fabricated metals

Resistance : 0.46
Support : 0.29

RSI of 77
RSI is overbought

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Following the consolidation breakout, it is heading higher to the 61.8% retracement of 0.46

Trading Strategy
Buy. Stop loss is at 0.29

Source:Jupiter Securities Research 15 March 2012