Wednesday, 7 Dec 2011. MUDA – Stock Pick

MUDA ( 3883 : 0.93 ) : Buy below 0.90
Description
Paper manufacturer
Resistance : 1.06
Support : 0.85 0.89
RSI of 73
RSI is overbought
STOCHASTIC
It is neutral
TREND INDICATOR
Up
Comment
The recent run up is not over yet. It may stage a small correction before pushing higher to 1.06
Trading Strategy
Buy below 0.90