Stock Overview - BGYEAR - 26 July 2012

BGYEAR ( 7023 : 0.59 ) : Take profit

Description

Resistance : 0.62
Support : 0.54

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 20/7/2012 buy call at 0.46, we are recommending to take profit as the upside is expected to be limited due to the overbought level

Trading Strategy
Take profit

Source:Jupiter Securities Research 26 July 2012