Thursday, 4 Aug 2011. MNRB – Stock Pick

MNRB ( 6459 : 3.10 ) : Breakout
Description
Reinsurance
Resistance : 3.26 3.40
Support : 2.92
RSI of 72
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR.
Up
Comment
Following the breakout yesterday, it is targeting 3.40
Trading Strategy
Buy. Stop loss is at 2.92