Monday, 17 December 2012

Stock Overview - Benalec - 18 December 2012

BENALEC (5190 : 1.41 ) : Take profit

Description

Resistance : 1.44

Support : 1.34

RSI of 60
RSI is neutral

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 30/11/2012 at 1.29, we are recommending to take profit as technicals are approching overbought

Trading Strategy
Take profit

Source: Jupiter Securities Research - 18 December 2012

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