Monday, 1 October 2012

Stock Overview - MAYBANK- 2 Oct 2012

MAYBANK ( 1155 : 9.08 ) : Targeting 9.40/Stop loss 8.94

Description

Resistance : 9.40
Support : 8.94

RSI of 52
RSI is rising

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is on a rebound to 9.40

Trading Strategy
Buy. Stop loss is at 8.94

Source:Jupiter Securities Research, 02 October 2012

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