Thursday, 17 May 2012 MBSB – Stock Pick

Thursday, 17 May 2012 MBSB – Stock Pick



MBSB ( 1171 : 2.08 ) : Buy below 2.00/Stop loss 1.83

Description

Resistance : 2.38

Support : 1.95

RSI of 34
RSI is approaching oversold

STOCHASTIC
It is oversold

Comment
It is approaching oversold, indicating a small downside

Trading Strategy
Buy below 2.00. Stop loss is at 1.83



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.