Wednesday 18 July 2012

Stock Overview - MBMR - 19 July 2012


MBMR ( 5983 : 4.00 ) : Targeting 4.30/Stop loss 3.88

Description

Resistance : 4.30
Support : 3.88

RSI of 75
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current uprun is heading for 4.30

Trading Strategy
Buy. Stop loss is at 3.88

Source:Jupiter Securities Research 19 July 2012

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