Thursday 22 March 2012

Stock Overview - MHC - 23 Mar 2012

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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