Wednesday 11 July 2012

Stock Overview - RSAWIT- 12 July 2012


RSAWIT ( 5113 : 1.14 ) : Take profit

Description

Resistance : 1.16
Support : 1.08

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 5/7/2012 buy call at 1.07, we are recommending to take profit as it has hit the target of 1.16

Trading Strategy
Take profit

Source:Jupiter Securities Research 12 July 2012

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