Friday, 13 April 2012 JOHOTIN – Stock Pick

JOHOTIN ( 7167 : 1.37 ) : Take profit / limited upside

Description

Containers and packaging manufacturer

Resistance : 1.47

Support : 1.26

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Comment
Following the recent correction, the current upmove has hit 1.37 target. As the upside is limited to 1.47,
suggest 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.