Thursday, 21 July 2011. MAS – Stock Pick

MAS ( 3786 : 1.50 ) : Morning Star
Description
Resistance : 1.59 1.73 1.91
Support : 1.44
RSI of 50
RSI is neutral
STOCHASTIC
It is oversold
TREND INDICATOR.
Down
Comment
A candlestick ‘Morning Star’ formed, indicating a technical rebound to target 1.73, and possible 1.91
Trading Strategy
Buy. Stop loss is at 1.42