Monday, 12 Dec 2011. SUPERMX – Stock Pick

SUPERMX ( 7106 : 3.50 ) : Oversold
Description
Resistance : 3.68 3.90
Support : 3.40
RSI of 48
RSI has stabilised
STOCHASTIC
It is oversold
TREND INDICATOR
Down
Comment
Over a longer term, it is likely to be heading for 3.90
Trading Strategy
Buy. Stop loss is at 3.40