Thursday, 6 September 2012

Stock Overview - MKLAND - 6 Sept 2012

MKLAND ( 8893 : 0.35 ) : Buy below 0.34

Description

Resistance : 0.39
Support : 0.32

RSI of 37
RSI is approaching oversold

STOCHASTIC
It is oversold, indicating a limited downside

Comment
With technicals oversold, it is due for a rebound

Trading Strategy
Buy below 0.34. Stop loss is at 0.31

Source:Jupiter Securities Reasearch 06 September 2012

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