Sunday 25 March 2012

Stock Overview - AT - 26 Mar 2012

AT ( 0072 : 0.30 ) : Profit taking

Description
Manufacture automation equipments

Resistance : 0.315 0.35
Support : 0.24

RSI of 81
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Comment
It hit a resistance at 0.315 Friday, and eased off its high due to profit taking as reflected by the high volume. The 61.8% retracement is at 0.24

Trading Strategy
Take profit

Source:Jupiter Securities Research 26 March 2012

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