Wednesday, 25 April 2012

Stock Overview - 3A - 26 Apr 2012


3A ( 0012 : 1.27 ) : Take profit

Description

Resistance : 1.33
Support : 1.20 1.24

RSI of 59
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR

Comment
On our buy recommendation of 23/4/2012, it has hit the target of 1.32. As the upside is capped at 1.35 yesterday due to profit taking, it is likely to stage a pullback

Trading Strategy
Take profit

Source:Jupiter Securities Research 26 April 2012 

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