Tuesday 5 June 2012

Stock Overview - MPHB - 6 June 2012


MPHB ( 3859 : 3.24 ) : Targeting 3.50/Stop loss 3.10

Description

Resistance : 3.50 3.64
Support : 3.12

RSI of 65
RSI is neutral

STOCHASTIC
It is neutral

Comment
While it is capped at the Double top of 3.27, it is expected to overcome, to target 3.50

Trading Strategy
Buy. Stop loss is at 3.10

Source:Jupiter Securities Research 06 June 2012

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