Stock Overview - CANONE - 21 June 2012

CANONE ( 5105 : 2.26 ) : Take profit

Description

Resistance : 2.42
Support : 2.25

RSI of 74
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 15/5/2012 buy at 2.10, we are recommending to take profit at 2.34, as it is approaching overbought indicating a limited upside

Trading Strategy
Take profit

Source:Jupiter Securities Research 21 June 2012