Monday 30 July 2012

Stock Overview - OLDTOWN - 31 July 2012


OLDTOWN ( 5201 : 1.99 ) : Take profit

Description

Resistance : 2.10
Support : 1.80

RSI of 63
RSI is on a negative divergence

STOCHASTIC
It is overbought

Comment
On the buy call of 26/7/2012, we are recommending to take profit as it has gone overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 31 July 2012


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