Monday 13 August 2012

Stock Overview - PARKSON - 14 Aug 2012

PARKSON ( 5657 : 4.82 ) : Take profit

Description

Resistance : 4.87
Support : 4.75

RSI of 58
RSI is neutral

STOCHASTIC
It is on an upswing

Comment
On the 29/6/2012 buy call, we are recommending to take profit as the upside appears to have been capped at the overhead trendline of 4.87

Trading Strategy
Take profit

Source:Jupiter Securities Research 14 August 2012

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