Sunday, 9 September 2012

Stock Overview - MPHB- 10 Sept 2012

MPHB ( 3859 : 3.64 ) : Targeting 3.82/Stop loss 3.52

Description

Resistance : 3.82
Support : 3.58

RSI of 47
RSI is neutral

STOCHASTIC
It is oversold, and due for a rebound

Comment
Following the recent sell down, it is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 3.52

Source:Jupiter Securities Research 10 September 2012

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