Thursday, 3 May 2012

Stock Overview - MAS - 4 May 2012


MAS ( 3786 : 1.24 ) : Capped at 1.34

Description

Resistance : 1.34
Support : 1.20

RSI of 46
RSI is in a buy divergence

STOCHASTIC
It is riding on an upswing

Comment
The upside is likely to be capped at yesterday’s high of 1.34. The positive near term technicals indicate a
sideways, ranging between 1.34 and 1.20

Trading Strategy
Avoid.

Source:Jupiter Securities Research 04 May 2012

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