Monday, 10 December 2012

Stock Overview - CANONE - 11 Dec 2012

CANONE (5105 : 2.50 ) : Take profit

Description

Resistance : 2.59
Support : 2.40

RSI of 69
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 7/11/2012 at 2.30, we are recommending to take profit as technicals are overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 11 December 2012

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