Monday, 30 July 2012 MRCB – Stock Pick

Monday, 30 July 2012 MRCB – Stock Pick



MRCB ( 1651 : 1.73 ) : Targeting 2.00/Stop loss 1.66

Description

Resistance : 1.90     2.00

Support : 1.66

RSI of 44
RSI is neutral

STOCHASTIC
It is oversold, indicating a limited downside

Comment
It is due for a technical rebound on its oversold technicals

Trading Strategy
Buy. Stop loss is at 1.66

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.