Stock Overview - MPHB - 19 June 2012

MPHB ( 3859 : 3.38 ) : Take profit

Description

Resistance : 3.44
Support : 3.26

RSI of 64
RSI has gone into a sell divergence

STOCHASTIC
It is approaching overbought

Comment
On the 6/6/2012 buy at 3.24, we are recommending to take profit as it is approaching overbought indicating a limited upside

Trading Strategy
Take profit

Source:Jupiter Securities Research 19 June 2012