Monday 9 July 2012

Stock Overview - UMLAND - 10 July 2012


UMLAND ( 4561 : 2.38 ) : Take profit

Description

Resistance : 2.40
Support : 2.28

RSI of 80
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 26/6/2012 buy call at 2.25, we are recommending to take profit as it has hit the target of 2.40

Trading Strategy
Take profit

Source:Jupiter Securities Research 10 July 2012

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