Stock Overview - SKPETRO - 20 July 2012

SKPETRO ( 5218 : 2.44 ) : Take profit

Description

Resistance : 2.50
Support : 2.30

RSI of 73
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 13/7/2012 buy call at 2.21, we are recommending to take profit as it has hit the 2.44 target

Trading Strategy
Take profit

Source:Jupiter Securities Research 20 July 2012