Monday, 3 December 2012

Stock Overview - SKPETRO - 3 Dec 2012

SKPETRO (5218 : 2.83 ) : Take profit

Description

Resistance : 2.94
Support : 2.70

RSI of 60
RSI is recovering

STOCHASTIC
It is overbought, indicating a small pullback

Comment
On the buy call of 2/11/2012 at 2.59, we are recommending to take profit due to a possible pullback

Trading Strategy
Take profit

Source:Jupiter Securities Research, 03 December 2012

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