Tuesday, 15 May 2012 SCOPE – Stock Pick

Tuesday, 15 May 2012 SCOPE – Stock Pick



SCOPE ( 0028 : 0.25 ) : Sell

Description

Resistance : 0.28 0.30

Support : 0.22 0.25

RSI of 92
RSI is overbought

STOCHASTIC
It is overbought

Comment
The sharp upkick is likely to encounter resistance in the region of 0.27-0.30

Trading Strategy
Sell.


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.