Tuesday, 14 Aug 2012 PARKSON – Stock Pick

Tuesday, 14 Aug 2012 PARKSON – Stock Pick



PARKSON ( 5657 : 4.82 ) : Take profit

Description

Resistance : 4.87

Support : 4.75

RSI of 58
RSI is neutral

STOCHASTIC
It is on an upswing

Comment
On the 29/6/2012 buy call, we are recommending to take profit as the upside appears to have been capped
at the overhead trendline of 4.87

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.