Sunday, 14 October 2012

Stock Overview - MKLAND - 15 Oct 2012

MKLAND ( 8893 : 0.38 ) : Take profit

Description

Resistance : 0.41
Support : 0.36

RSI of 59
RSI is on the rise

STOCHASTIC

It is overbought

Comment
On the buy of 6/9/2012 at below 0.34, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 15 October 2012

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