Thursday, 19 July 2012 MBMR – Stock Pick

Thursday, 19 July 2012 MBMR – Stock Pick



MBMR ( 5983 : 4.00 ) : Targeting 4.30/Stop loss 3.88

Description


Resistance : 4.30

Support : 3.88

RSI of 75
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current uprun is heading for 4.30

Trading Strategy
Buy. Stop loss is at 3.88

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.