Thursday, 10 May 2012

Stock Overview - MHC - 9 May 2012


MHC ( 5026 : 2.00 ) : Take profit/Resistance area 2.08- 2.20

Description
Plantation

Resistance : 2.08 2.20
Support : 1.82 1.92

RSI of 77
RSI is overbought

STOCHASTIC
It is overbought

Comment
As it is approaching the resistance area of 2.08-2.20, the upside is limited

Trading Strategy
Take profit. Strong resistance 2.20

Source:Jupiter Securities Research 09 May 2012


No comments:

Post a Comment