Tuesday, 11 December 2012

Stock Overview - ITRONIC - 12 Dec 2012

ITRONIC (9393 : 0.41 ) : Take profit

Description

Resistance : 0.48
Support : 0.38

RSI of 53
RSI is neutral

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 20/11/2012 at 0.42, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research - 12 December 2012

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