Sunday, 7 October 2012

Stock Overview - IJM - 8 Oct 2012

IJM ( 3336 : 4.96 ) : Take profit

Description

Resistance : 5.05
Support : 4.88

RSI of 48
RSI is on the rise

STOCHASTIC
It is overbought

Comment
On the 28/9/2012 buy call at 4.73, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 08 October 2012

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