Wednesday, 31 October 2012

Stock Overview - GAMUDA - 1 Nov 2012

GAMUDA ( 5398 : 3.60 ) : Take profit

Description

Resistance : 3.64
Support : 3.50

RSI of 62
RSI is approaching overbought

STOCHASTIC
It is overbought

Comment
On the buy of 7/9//2012 at 3.41, we are recommending to take profit as it is overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research,01 November 2012

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