Thursday 10 January 2013

Stock Overview - MEDIA - 11 Jan 2013

MEDIA (4502 : 2.41 ) : Take profit

Description

Resistance : 2.45
Support : 2.30

RSI of 63
RSI is approaching overbought

STOCHASTIC
It is overbought

Comment
On the 31/12/2012 buy call at 2.30, we are recommending to take profit at 2.41 due to overbought technicals

Trading Strategy
Take profit

Jupiter Securities Research - 11 January 2013

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