KEURO ( 3565 : 1.14 ) : Take profit
Description
Resistance : 1.16
Support : 1.09
RSI of 67
RSI is overbought
STOCHASTIC
It is overbought
Comment
On the 3/7/2012 buy call at 1.05, we are recommending to take profit as it has hit the 1.16 target. Upside appears to have been capped at the Double top of 1.16
Trading Strategy
Take profit
Source:Jupiter Securities Research 07 August 2012