Thursday, 17 May 2012 MITRA – Stock Pick

Thursday, 17 May 2012 MITRA – Stock Pick



MITRA ( 9571 : 0.55 ) : Targeting 0.61/Stop loss 0.54

Description

Infrastructure

Resistance : 0.61

Support : 0.55

RSI of 51
RSI is neutral

STOCHASTIC
It is riding on an upswing

Comment
With oversold technicals and Double Bottom, it is due for a rebound to 0.61


Trading Strategy
Buy. Stop loss is at 0.54



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.