Thursday, 26 April 2012 MPI – Stock Pick

MPI ( 3867 : 2.93 ) : Accumulate/Stop loss 2.75

Description

Resistance : 3.25

Support : 2.83

RSI of 43
RSI is neutral

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
The recent correction from the 3.78 high has approached oversold level, indicating a limited downside


Trading Strategy
Accumulate. Stop loss is at 2.75


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, 20 Jan 2012 MPI – Stock Pick

MPI ( 3867 : 3.00 ) : Targeting 3.34
Description
Resistance : 3.10 3.34
Support : 2.82
RSI of 58
RSI is on the rise
STOCHASTIC
It is oversold
TREND INDICATOR
Up
Comment
The current recovery has an upside of 3.34
Trading Strategy
Buy. Stop loss is at 2.82

Disclaimer
This report is provided for information purposes only.