Friday, 27 July 2012 MKLAND – Stock Pick

Friday, 27 July 2012 MKLAND – Stock Pick



MKLAND ( 8893 : 0.39 ) : Take profit


Description

Resistance : 0.41

Support : 0.37

RSI of 79
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 23/7/2012 buy call at 0.34, we are recommending to take profit as the upside is expected to be
limited due to the overbought level

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.