Stock Overview - MULPHA - 2 July 2012

MULPHA ( 3905 : 0.41 ) : Targeting 0.47/Stop loss 0.40

Description

Resistance : 0.47
Support : 0.40

RSI of 51
RSI is on a positive divergence

STOCHASTIC
It is riding on an upswing

Comment
The recent correction has ended at 0.40. It is on a technical rebound to 0.47

Trading Strategy
Buy. Stop loss is at 0.40

Source:Jupiter Securities Research 02 July 2012