Monday 18 June 2012

Stock Overview - MALTON - 19 June 2012


MALTON ( 6181 : 0.57 ) : Targeting 0.65/Stop loss 0.55

Description

Resistance : 0.65
Support : 0.55

RSI of 75
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current upkick is heading for the 61.8% retracement of 0.65

Trading Strategy
Buy. Stop loss is at 0.55

Source:Jupiter Securities Research 19 June 2012

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