Monday, 15 October 2012

Stock Overview - BORNOIL - 16 Oct 2012

BORNOIL ( 7036 : 0.46 ) : Take profit

Description

Resistance : 0.48
Support : 0.44

RSI of 63
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 3/10/2012 at 0.41, we are recommending to take profit as technicals are overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 16 October 2012

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