MHC ( 5026 : 1.77 ) : Take profit
Description
Resistance : 1.85
Support : 1.56
RSI of 85
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Comment
The recent strong upward push is nearing its end, as the upside is limited, due to a strong resistance around 1.85
Trading Strategy
Take profit. Limited upside
Source: Jupiter Securities Research 23 March 2012
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