Wednesday 13 June 2012

Stock Overview - MUHIBAH - 14 June 2012

MUHIBAH ( 5703 : 1.21 ) : Targeting 1.34/Stop loss 1.18

Description

Resistance : 1.34
Support : 1.18

RSI of 54
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
With a Double bottom at 1.15, it is heading higher to target 1.34

Trading Strategy
Buy. Stop loss is at 1.18

Source:Jupiter Securities Research 14 June 2012

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