Sunday, 23 September 2012

Stock Overview - INCKEN - 24 Sep 2012

INCKEN ( 2607 : 0.65 ) : Take profit

Description

Resistance : 0.68
Support : 0.60

RSI of 67
RSI is approaching overbought

STOCHASTIC
It is approaching overbought

Comment
On the 12/9/2012 buy call at 0.615, we are recommending to take profit as the upside is limited due to overbought technicals

Trading Strategy
Take profit

Source:Jupiter Securities Research 24 September 2012

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