Thursday, 21 June 2012 CANONE – Stock Pick

Thursday, 21 June 2012 CANONE – Stock Pick



CANONE ( 5105 : 2.26 ) : Take profit

Description

Resistance : 2.42

Support : 2.25

RSI of 74
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 15/5/2012 buy at 2.10, we are recommending to take profit at 2.34, as it is approaching overbought
indicating a limited upside

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.