Monday, 17 December 2012

Stock Overview - Bright - 18 December 2012

BRIGHT (9938 : 1.79 ) : Take profit

Description

Resistance : 1.80

Support : 1.63

RSI of 61
RSI is neutral

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 26/11/2012 at 1.70, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source: Jupiter Securities Research - 18 December 2012

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