Stock Overview - MAYBULK - 22 June 2012

MAYBULK ( 5077 : 1.58 ) : Buy below 1.55/Stop loss 1.52

Description

Resistance : 1.76 1.84
Support : 1.55

RSI of 58
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
A pullback to 1.55 is likely before heading to retest the previous high of 1.84

Trading Strategy
Buy below 1.55. Stop loss is at 1.52

Source:Jupiter Securities Research 22 June 2012