Monday, 7 May 2012 CRESBLD – Stock Pick

CRESBLD ( 8591 : 1.10 ) : Take profit

Description

Resistance : 1.13

Support : 0.92 1.02

RSI of 88
RSI is overbought

STOCHASTIC
It is overbought

Comment
On our buy recommendation of 2/5/2012, it has hit the target of 1.01. As technicals have turned overbought,
and the trading range smaller, we recommend taking profit


Trading Strategy
Take profit.



Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.