Wednesday 6 June 2012

Stock Overview - MAYBANK- 7 June 2012

MAYBANK ( 1155 : 8.70 ) : Targeting 9.20/Stop loss 8.50

Description

Resistance : 8.90 9.20
Support : 8.50

RSI of 54
RSI is on the rise

STOCHASTIC
It is oversold

Comment
The current recovery is heading for 8.90, and 9.20

Trading Strategy
Buy. Stop loss is at 8.50

Source:Jupiter Securities Research 07 June 2012

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