Monday 13 August 2012

Stock Overview - HIBISCS - 14 Aug 2012

HIBISCS ( 5199 : 1.82 ) : Take profit

Description

Resistance : 1.88
Support : 1.75

RSI of 77
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 12/7/2012 buy call at 1.56, we are recommending to take profit as it has gone overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 14 August 2012

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