Wednesday 7 November 2012

Stock Overview - GENTING - 8 Nov 2012

GENTING ( 3182 : 9.30 ) : Take profit

Description

Resistance : 9.30
Support : 9.10

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 15/10/2012 at 8.80, we are recommending to take profit as it has hit the 9.22 target, and technicals also are overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 08 November 2012

No comments:

Post a Comment