Wednesday, 20 June 2012 OLDTOWN – Stock Pick

Wednesday, 20 June 2012 OLDTOWN – Stock Pick



OLDTOWN ( 5201 : 1.71 ) : Take profit

Description

Resistance : 1.77

Support : 1.60

RSI of 69
RSI turning down

STOCHASTIC
It is overbought

Comment
On the 18/6/2012 buy at 1.59, we are recommending to take profit as it has hit our target of 1.74. It is also
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.