Thursday 29 November 2012

Stock Overview - AXIATA - 30 Nov 2012

AXIATA (6888 : 5.93 ) : Take profit

Description

Resistance : 6.00
Support : 5.78

RSI of 43
RSI is recovering

STOCHASTIC
It is overbought, indicating a small pullback

Comment
On the buy call of 28/11/2012 at 5.62, we are recommending to take profit due to a possible pullback

Trading Strategy
Take profit

Source:Jupiter Securities Research, 30 November 2012

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