Stock Overview - OLDTOWN - 20 June 2012

OLDTOWN ( 5201 : 1.71 ) : Take profit

Description

Resistance : 1.77
Support : 1.60

RSI of 69
RSI turning down

STOCHASTIC
It is overbought

Comment
On the 18/6/2012 buy at 1.59, we are recommending to take profit as it has hit our target of 1.74. It is also approaching overbought indicating a limited upside

Trading Strategy
Take profit

Source:Jupiter Securities Research 20 June 2012