Fool Trader KLSE Research
Stock Overview - OLDTOWN - 10 Apr 2012
OLDTOWN ( 5201 : 1.41 ) : Take profit
Description
Resistance : 1.44 1.48
Support : 1.28
RSI of 79
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Comment
It may have topped out at 1.44, which is the upper trendline resistance of an expanding Diagonal triangle. With heavy resistance in the region of 1.44-1.48, a pullback to 1.28 is expected
Trading Strategy
Take profit / Avoid. Limited upside
Source:Jupiter Securities Research 10 April 2012
Description
Resistance : 1.44 1.48
Support : 1.28
RSI of 79
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Comment
It may have topped out at 1.44, which is the upper trendline resistance of an expanding Diagonal triangle. With heavy resistance in the region of 1.44-1.48, a pullback to 1.28 is expected
Trading Strategy
Take profit / Avoid. Limited upside
Source:Jupiter Securities Research 10 April 2012
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