Tuesday, 28 Aug 2012 SCOMI – Stock Pick

Tuesday, 28 Aug 2012 SCOMI – Stock Pick



SCOMI ( 7158 : 0.29 ) : Take profit

Description

Resistance : 0.31

Support : 0.26

RSI of 75
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 23/8/2012 at 0.245, we are recommending to take profit as it is approaching overbought.

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.