Stock Overview - L&G - 20 June 2012

L&G ( 3174 : 0.39 ) : Take profit

Description

Resistance : 0.40
Support : 0.35

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 1/6/2012 buy at 0.34, we are recommending to take profit as it has hit our target of 0.39. It is also approaching overbought indicating a limited upside

Trading Strategy
Take profit

Source:Jupiter Securities Research 20 June 2012