Tuesday 20 March 2012

Stock Overview - YINSON - 21 Mar 2012

YINSON ( 7293 : 1.66 ) : Sell into rallies

Description
Building contractor

Resistance : 1.77-1.83
Support : 1.56

RSI of 81
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Comment

The upside is limited, due to the overall overbought condition. Strong resistance around 1.77-1.83

Trading Strategy
Sell into rallies. Limited upside

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