Wednesday 21 November 2012

Stock Overview - DAYANG - 22 Nov 2012

DAYANG ( 5141 : 2.34 ) : Take profit

Description

Resistance : 2.37
Support : 2.27

RSI of 69
RSI is overbought

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 17/10/2012 at 2.20, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 22 November 2012

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