Sunday 26 August 2012

Stock Overview - MAS - 27 Aug 2012

MAS ( 3786 : 1.08 ) : Targeting 1.30/Stop loss 1.00

Description

Resistance : 1.30
Support : 1.00

RSI of 53
RSI is recovering

STOCHASTIC
It is oversold

Comment
Currently it is hovering at the Double bottom of 1.02, indicating a technical rebound to 1.30

Trading Strategy
Buy. Stop loss is at 1.00

Source:Jupiter Securities Research 27 August 2012

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