Tuesday 8 January 2013

Stock Overview - MAYBULK - 9 Jan 2013

MAYBULK (5077 : 1.47 ) : Take profit

Description

Resistance : 1.52
Support : 1.40

RSI of 71
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 11/12/2012 buy call at 1.39, we are recommending to take profit at 1.47 due to overbought technicals

Trading Strategy
Take profit

Jupiter Securities Research - 09 January 2013

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