Thursday, 30 Aug 2012 MBSB – Stock Pick

Thursday, 30 Aug 2012 MBSB – Stock Pick


MBSB ( 1171 : 2.34 ) : Targeting 2.64/Stop loss 2.28

Description

Resistance : 2.64

Support : 2.28

RSI of 40
RSI is recovering

STOCHASTIC
It is approaching oversold

Comment
The recent sell down from 2.54 may have bottomed out at the low of 2.29, indicating a likely technical
rebound

Trading Strategy
Buy. Stop loss is at 2.28

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.

Tuesday, 5 June 2012 MBSB – Stock Pick

Tuesday, 5 June 2012 MBSB – Stock Pick



MBSB ( 1171 : 2.22 ) : Take profit

Description

Resistance : 2.27

Support : 2.10

RSI of 53
RSI is neutral

STOCHASTIC
It has started to turn downwards

Comment
On the 17/5/2012 buy recommendation of below 2.00, we are now recommending to take profit. With the
Stochastic indicator turning downwards, it is in for a pullback to 2.10


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.

Thursday, 17 May 2012 MBSB – Stock Pick

Thursday, 17 May 2012 MBSB – Stock Pick



MBSB ( 1171 : 2.08 ) : Buy below 2.00/Stop loss 1.83

Description

Resistance : 2.38

Support : 1.95

RSI of 34
RSI is approaching oversold

STOCHASTIC
It is oversold

Comment
It is approaching oversold, indicating a small downside

Trading Strategy
Buy below 2.00. Stop loss is at 1.83



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.

onday, 16 April 2012 MBSB – Stock Pick

MBSB ( 1171 : 2.16 ) : Take profit

Description

Resistance : 2.28

Support : 1.62 1.96

RSI of 41
RSI is weakening

STOCHASTIC
It is trending downwards

TREND INDICATOR
Comment
The recent run up has topped at the 61.8% retracement of 2.49-2.52. And the current correction is heading
to 1.96


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, 3 Feb 2012 MBSB – Stock Pick

MBSB ( 1171 : 2.22 ) : Limited upside
Description
Resistance : 2.27-2.30
Support : 2.04
RSI of 74
RSI is in the process of turning downwards, from its overbought level
STOCHASTIC
It is overbought
TREND INDICATOR
Sideways
Comment
The recent uprun may have topped out at the high of 2.30, as technicals are overbought
Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only.

MBSB – Stock Pick

MBSB ( 1171 : 1.47 ) : Targeting 1.59
Description
Resistance : 1.59 1.66
Support : 1.30
RSI of 52
RSI is rising
STOCHASTIC
It is riding on an upswing
TREND INDICATOR.
Up
Comment
It is on a technical rebound to target 1.59
Trading Strategy
Buy. Stop loss is at 1.30

Thursday, 7 July 2011. MBSB – Stock Pick

MBSB ( 1171 : 1.45 ) : Double bottom
Description
Resistance : 1.58 1.66
Support : 1.32
RSI of 51
RSI spiked upwards
STOCHASTIC
It is on an early upswing
TREND INDICATOR.
Up
Comment
It is recovering from the Double Bottom of 1.32, to form a positive engulfing chart pattern. Upside is at 1.58,
and 1.66
Trading Strategy
Buy. Stop loss is at 1.32