MBSB ( 1171 : 2.34 ) : Targeting 2.64/Stop loss 2.28
Description
Resistance : 2.64
Support : 2.28
RSI of 40
RSI is recovering
STOCHASTIC
It is approaching oversold
Comment
The recent sell down from 2.54 may have bottomed out at the low of 2.29, indicating a likely technical rebound
Trading Strategy
Buy. Stop loss is at 2.28
Source:Jupiter Securities Research 30 August 2012
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