Sunday 15 July 2012

Stock Overview - MBFHLDG - 16 July 2012


MBFHLDG ( 1236 : 1.04 ) : Targeting 1.16/Stop loss 1.00

Description

Resistance : 1.16 1.28
Support : 1.00

RSI of 71
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
The upkick yesterday, is heading for 1.16, and possibly 1.28

Trading Strategy
Buy. Stop loss is at 1.00

Source:Jupiter Securities Research 16 July 2012


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