Tuesday, 5 June 2012 MBSB – Stock Pick

Tuesday, 5 June 2012 MBSB – Stock Pick



MBSB ( 1171 : 2.22 ) : Take profit

Description

Resistance : 2.27

Support : 2.10

RSI of 53
RSI is neutral

STOCHASTIC
It has started to turn downwards

Comment
On the 17/5/2012 buy recommendation of below 2.00, we are now recommending to take profit. With the
Stochastic indicator turning downwards, it is in for a pullback to 2.10


Trading Strategy
Take profit

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.