FAVCO ( 7229 : 1.80 ) : Take profit
Description
Resistance : 1.82
Support : 1.68
RSI of 75
RSI is overbought
STOCHASTIC
It is overbought
Comment
On the 7/8/2012 buy call at 1.62, we are recommending to take profit as it is approaching overbought
Trading Strategy
Take profit
Source:Jupiter Securities Research 08 August 2012
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