Thursday, 12 April 2012

Stock Overview - JOHOTIN - 13 Apr 2012

JOHOTIN ( 7167 : 1.37 ) : Take profit / limited upside

Description
Containers and packaging manufacturer

Resistance : 1.47
Support : 1.26

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR

Comment
Following the recent correction, the current upmove has hit 1.37 target. As the upside is limited to 1.47, suggest taking profit

Trading Strategy
Take profit

Source:Jupiter Securities Research 13 April 2012


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