Wednesday, 26 Sep 2012 SCOMI – Stock Pick

Wednesday, 26 Sep 2012 SCOMI – Stock Pick



SCOMI ( 7158 : 0.38 ) : Take profit
Description

Resistance : 0.41
Support : 0.36

RSI of 73
RSI is approaching overbought

STOCHASTIC
It is on an upswing

Comment
On the 13/9/2012 buy call at 0.33, we are recommending to take profit as it may be affected by the ‘sell after fact’ profit taking

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.