Sunday 26 February 2012

MAS - 27 Feb 2012

MAS ( 3786 : 1.40 ) : Buy below 1.36

Description

Resistance : 1.44
Support : 1.26 1.36

RSI of 36
RSI is approaching oversold

STOCHASTIC
It is oversold

TREND INDICATOR
Down

Comment
The recent sell down from 1.74, is approaching oversold, indicating a limited downside. It should stabilize around 1.36

Trading Strategy
Buy below 1.36. Stop loss is at 1.26

Source:Jupiter Securities Research

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