Sunday 6 January 2013

Stock Overview - AIRASIA - 7 Jan 2013

AIRASIA (5099 : 2.91 ) : Take profit

Description

Resistance : 2.96
Support : 2.76

RSI of 65
RSI is on the rise

STOCHASTIC
It is overbought

Comment
On the 13/12/2012 buy call at 2.75, we are recommending to take profit at 2.90 due to overbought technicals

Trading Strategy
Take profit

Jupiter Securities Research - 07 January 2013

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