Wednesday, 30 Nov 2011. MAYBANK – Stock Pick

MAYBANK ( 1155 : 8.03 ) : Targeting 8.34
Description
Resistance : 8.34
Support : 7.96
RSI of 41
RSI is on an upkick
STOCHASTIC
It is turning upwards
TREND INDICATOR
Down
Comment
With oversold technicals, it is in for some recovery to 8.34
Trading Strategy
Buy. Stop loss is at 7.96