Sunday 24 June 2012

Stock Overview - TM - 25 June 2012


TM ( 4863 : 5.69 ) : Take profit

Description

Resistance : 5.82
Support : 5.50

RSI of 71
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
On the 1/6/2012 buy call at 5.39, we are recommending to take profit as technicals approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 25 June 2012

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