Wednesday 29 August 2012

Stock Overview - TAKASO - 30 Aug 2012

TAKASO ( 7071 : 0.25 ) : Take profit

Description

Resistance : 0.28
Support : 0.22

RSI of 76
RSI is overbought

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 27/8/2012 at 0.20, we are recommending to take profit as it is approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 30 August 2012

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