Monday 5 November 2012

Stock Overview - BRIGHT - 6 Nov 2012

BRIGHT ( 9938 : 1.61 ) : Take profit

Description

Resistance : 1.69
Support : 1.55

RSI of 69
RSI is approaching overbought

STOCHASTIC
It is on an upswing

Comment
On the buy of 19/9/2012 at 1.47, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 06 November 2012

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