Monday 19 November 2012

Stock Overview - ASTRO - 20 Nov 2012

ASTRO ( 6399 : 2.71 ) : Take profit

Description

Resistance : 2.74
Support : 2.65

RSI of 36
RSI is neutral

STOCHASTIC
It is overbought

Comment
On the buy call of 9/11/2012 at 2.65, we are recommending to take profit. The upside appears to be capped at 2.74 suggesting a likely pullback to 2.65

Trading Strategy
Take profit

Source:Jupiter Securities Research, 20 November 2012

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