Friday, 27 April 2012

Stock Overview - CYBERT - 27 Apr 2012

CYBERT ( 0022 : 0.94 ) : Sell 0.98/Revised stop loss to 0.89

Description

Resistance : 0.94 0.98
Support : 0.89

RSI of 74
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR

Comment
On our buy recommendation of 24/4/2012, we have revised the target to 0.98 from 0.94. Stop loss is raised to 0.89

Trading Strategy
Take profit around 0.98. Stop loss is at 0.89

Source:Jupiter Securities Research 27 April 2012

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