Sunday 20 January 2013

Stock Overview - TRC - 21 Jan 2013

TRC (5054 : 0.62 ) : Take profit

Description

Resistance : 0.65
Support : 0.60

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 28/12/2012 buy call at 0.57, we are recommending to take profit at 0.62 due to overbought technicals

Trading Strategy
Take profit


Jupiter Securities Research - 21 January 2013

No comments:

Post a Comment