Tuesday, 2 Aug 2011. MAYBANK – Stock Pick

MAYBANK ( 1155 : 8.83 ) : Rebounding
Description
Resistance : 9.00 9.26 9.38
Support : 8.72
RSI of 47
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR.
Uptick
Comment
With technicals on the rise, it is likely to be targeting 9.38
Trading Strategy
Buy. Stop loss is at 8.72