Thursday, 3 May 2012

Stock Overview - MAYBULK - 4 May 2012


MAYBULK ( 5077 : 1.66 ) : Buy below 1.65

Description

Resistance : 1.85
Support : 1.58 1.65

RSI of 54
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
A small pullback is possible, following the upkick yesterday

Trading Strategy
Buy below 1.65. Stop loss is at 1.58

Source:Jupiter Securities Research 04 May 2012


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