Friday, 4 May 2012 MAS – Stock Pick

MAS ( 3786 : 1.24 ) : Capped at 1.34

Description

Resistance : 1.34

Support : 1.20

RSI of 46
RSI is in a buy divergence

STOCHASTIC
It is riding on an upswing


Comment
The upside is likely to be capped at yesterday’s high of 1.34. The positive near term technicals indicate a
sideways, ranging between 1.34 and 1.20


Trading Strategy
Avoid.


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.