Friday, 4 May 2012 MAYBULK – Stock Pick

MAYBULK ( 5077 : 1.66 ) : Buy below 1.65

Description

Resistance : 1.85

Support : 1.58 1.65

RSI of 54
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
A small pullback is possible, following the upkick yesterday


Trading Strategy
Buy below 1.65. Stop loss is at 1.58


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.