Wednesday, 19 December 2012

Stock Overview - PWROOT - 20 Dec 2012

PWROOT (7237 : 1.10 ) : Take profit

Description

Resistance : 1.12
Support : 1.00

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 1/11/2012 at 1.00, we are recommending to take profit as technicals are overbought

Trading Strategy
Take profit

Source: Jupiter Securities Research - 20 December 2012

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