Sunday 26 August 2012

Stock Overview - MAYBULK - 27 Aug 2012

MAYBULK ( 5077 : 1.55 ) : Take profit

Description

Resistance : 1.64
Support : 1.48

RSI of 38
RSI is weakening

STOCHASTIC
It is weakening

Comment
On the buy call of 22/6/2012 at below 1.55, we are recommending to take profit as technicals have turned negative

Trading Strategy
Take profit

Source:Jupiter Securities Research 27 August 2012

No comments:

Post a Comment