Tuesday, 10 July 2012 MITRA – Stock Pick

Tuesday, 10 July 2012 MITRA – Stock Pick



MITRA ( 9571 : 0.61 ) : Take profit

Description

Resistance : 0.62

Support : 0.59

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 17/5/2012 buy call at 0.55, we are recommending to take profit as it has hit the target of 0.61

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.