Tuesday 20 November 2012

Stock Overview - MPHB - 21 Nov 2012

MPHB ( 3859 : 3.74 ) : Take profit

Description

Resistance : 3.78
Support : 3.68

RSI of 65
RSI is up

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 10/9/2012 at 3.64, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 21 November 2012


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