Monday 9 July 2012

Stock Overview - MITRA - 10 July 2012


MITRA ( 9571 : 0.61 ) : Take profit

Description

Resistance : 0.62
Support : 0.59

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 17/5/2012 buy call at 0.55, we are recommending to take profit as it has hit the target of 0.61

Trading Strategy
Take profit

Source:Jupiter Securities Research 10 July 2012

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