Thursday, 6 September 2012

Stock Overview - MBFHLDG - 6 Sep 2012

MBFHLDG ( 1236 : 1.07 ) : Targeting 1.18/Stop loss 1.04

Description

Resistance : 1.18 1.28
Support : 1.04

RSI of 49
RSI is neutral

STOCHASTIC
It is oversold, indicating a technical rebound

Comment
The recent pullback may have been completed at 1.05

Trading Strategy
Buy. Stop loss is at 1.04

Source:Jupiter Securities Reasearch 06 September 2012

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