Monday, 12 Dec 2011. VERSATL – Stock Pick

VERSATL ( 4995 : 0.41 ) : Take profit
Description
Resistance : 0.45
Support : 0.37
RSI of 72
RSI is in a negative sell divergence
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The recent run up to 0.455, has overextended our earlier buy target. It has gone overbought, indicating a
likely pullback
Trading Strategy
Take profit