Sunday, 15 April 2012

Stock Overview - MBSB - 16 Apr 2012

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

Source:Jupiter Securities Research 16 April 2012


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