Sunday, 6 May 2012

Stock Overview - CRESBLD - 7 May 2012


CRESBLD ( 8591 : 1.10 ) : Take profit

Description

Resistance : 1.13
Support : 0.92 1.02

RSI of 88
RSI is overbought

STOCHASTIC
It is overbought

Comment
On our buy recommendation of 2/5/2012, it has hit the target of 1.01. As technicals have turned overbought,
and the trading range smaller, we recommend taking profit

Trading Strategy
Take profit.

Source:Jupiter Securities Research 7 May 2012


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