Monday, 18 July 2011. MAA – Stock Pick

MAA ( 1198 : 0.69 ) : Oversold
Description
Resistance : 0.84
Support : 0.67
RSI of 22
RSI is on a positive divergence
STOCHASTIC
It is on an early upkick
TREND INDICATOR.
Up
Comment
After the recent sharp sell down, it is now in an oversold mode, indicating that it is due for a technical
rebound
Trading Strategy
Buy. Stop loss is at 0.66