Stock Overview - MJPERAK - 9 May 2012

MJPERAK ( 8141 : 0.31 ) : Targeting 0.36/stop loss 0.295

Description
Plastic materials

Resistance : 0.36
Support : 0.30

RSI of 52
RSI is oversold

STOCHASTIC
It is oversold

Comment
Following the consolidation breakout yesterday, it is likely to be retesting the previous high of 0.36

Trading Strategy
Buy. Stop loss is at 0.295

Source:Jupiter Securities Research 09 May 2012