Thursday 1 November 2012

Stock Overview - ARMADA - 2 Nov 2012

ARMADA ( 5210 : 3.91 ) : Take profit

Description

Resistance : 3.96
Support : 3.80

RSI of 68
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 14/9//2012 at 3.73, we are recommending to take profit as it is overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 02 November 2012


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