Friday, 20 July 2012 SKPETRO – Stock Pick

Friday, 20 July 2012 SKPETRO – Stock Pick



SKPETRO ( 5218 : 2.44 ) : Take profit

Description

Resistance : 2.50

Support : 2.30

RSI of 73
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 13/7/2012 buy call at 2.21, we are recommending to take profit as it has hit the 2.44 target

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.