Monday, 27 Aug 2012 MAYBULK – Stock Pick

Monday, 27 Aug 2012 MAYBULK – Stock Pick



MAYBULK ( 5077 : 1.55 ) : Take profit

Description

Resistance : 1.64

Support : 1.48

RSI of 38
RSI is weakening

STOCHASTIC
It is weakening

Comment
On the buy call of 22/6/2012 at below 1.55, we are recommending to take profit as technicals have turned
negative

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.

Friday, 22 June 2012 MAYBULK – Stock Pick

Friday, 22 June 2012 MAYBULK – Stock Pick




MAYBULK ( 5077 : 1.58 ) : Buy below 1.55/Stop loss 1.52

Description

Resistance : 1.76 1.84

Support : 1.55

RSI of 58
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
A pullback to 1.55 is likely before heading to retest the previous high of 1.84

Trading Strategy
Buy below 1.55. Stop loss is at 1.52

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.

Friday, 4 May 2012 MAYBULK – Stock Pick

MAYBULK ( 5077 : 1.66 ) : Buy below 1.65

Description

Resistance : 1.85

Support : 1.58 1.65

RSI of 54
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
A small pullback is possible, following the upkick yesterday


Trading Strategy
Buy below 1.65. Stop loss is at 1.58


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.

Wednesday, 18 Jan 2012 MAYBULK – Stock Pick

MAYBULK ( 5077 : 2.18 ) : Tight stop loss 2.04
Description
Marine transportation services
Resistance : 2.25 2.40
Support : 2.04
RSI of 76
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The current upmove is heading for 2.40. A tight stop loss should be placed at 2.04
Trading Strategy
Buy. Stop loss is at 2.04

Disclaimer
This report is provided for information purposes only.

Monday, 9 Jan 2012 MAYBULK – Stock Pick

MAYBULK ( 5077 : 1.76 ) : Take profit
Description
Resistance : 1.84
Support : 1.70
RSI of 73
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The sharp upkick last Friday, may be capped at 1.84, where there is some resistance
Trading Strategy
Take profit


Disclaimer
This report is provided for information purposes only.