Thursday, 1 Dec 2011. MAS – Stock Pick

MAS ( 3785 : 1.40 ) : Targeting 1.59
Description
Resistance : 1.59 1.67
Support : 1.32
RSI of 53
RSI is recovering
STOCHASTIC
It is on an up swing
TREND INDICATOR
Down
Comment
The sharp upkick yesterday is likely to spillover, to target the 50% retracement of 1.59
Trading Strategy
Buy. Stop loss is at 1.32