Wednesday 28 March 2012

Stock Overview - BIMB - 29 Mar 2012

BIMB ( 5258 : 2.32 ) : Take profit

Description

Resistance : 2.40
Support : 2.04 2.20

RSI of 65
RSI is slightly positive

STOCHASTIC
It is slightly positive

TREND INDICATOR
Comment
Currently, it is capped at the Double Top of 2.40. And following the recent run up, upside is limited

Trading Strategy
Take profit. Limited upside

 Source:Jupiter Securities Research 29 March 2012

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