Sunday 6 January 2013

Stock Overview - FABER - 7 Jan 2013

FABER (1368 : 1.44 ) : Take profit

Description

Resistance : 1.46
Support : 1.39

RSI of 57
RSI is turning down

STOCHASTIC
It is overbought

Comment
On the 5/12/2012 buy call at 1.36, we are recommending to take profit at 1.44 due to overbought technicals

Trading Strategy
Take profit

Jupiter Securities Research - 07 January 2013

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