Thursday 29 November 2012

Stock Overview - POS - 30 Nov 2012

POS (4634 : 3.14 ) : Take profit

Description

Resistance : 3.18
Support : 3.04

RSI of 66
RSI is recovering

STOCHASTIC
It is overbought, indicating a small pullback

Comment
On the buy call of 27/11/2012 at 2.94, 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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