Sunday, 7 October 2012

Stock Overview - GOLSTA - 8 Oct 2012

GOLSTA ( 7105 : 0.90 ) : Take profit

Description

Resistance : 1.04
Support : 0.85

RSI of 85
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 5/10/2012 buy call at 0.75, as it has gone above the 0.89 target, we are recommending to take profit due to the overbought technicals

Trading Strategy
Take profit

Source:Jupiter Securities Research 08 October 2012

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