Stock Overview - L&G - 6 Aug 2012

L&G ( 3174 : 0.49 ) : Take profit

Description

Resistance : 0.54
Support : 0.45

RSI of 79
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 19/7/2012 buy call at 0.42, we are recommending to take profit as it has hit the 0.49 target

Trading Strategy
Take profit

Source:Jupiter Securities Research 06 August 2012