Thursday, 26 April 2012 MPI – Stock Pick

MPI ( 3867 : 2.93 ) : Accumulate/Stop loss 2.75

Description

Resistance : 3.25

Support : 2.83

RSI of 43
RSI is neutral

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
The recent correction from the 3.78 high has approached oversold level, indicating a limited downside


Trading Strategy
Accumulate. Stop loss is at 2.75


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.