Wednesday, 8 Aug 2012 MBFHLDG – Stock Pick

Wednesday, 8 Aug 2012 MBFHLDG – Stock Pick



MBFHLDG ( 1236 : 1.13 ) : Take profit

Description

Resistance : 1.16

Support : 1.08

RSI of 65
RSI is slightly positive

STOCHASTIC
It is approaching overbought

Comment
On the 16/7/2012 buy call at 1.04, we are recommending to take profit as it is approaching overbought

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.