Fool Trader KLSE Research
Stock Overview -MRCB- 6 April 2012
MRCB ( 1651 : 1.80 ) : Buy around 1.74
Description
Resistance : 2.05
Support : 1.70 1.74
RSI of 27
RSI is oversold
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
The overall oversold technicals indicate a limited downside, as it is due for a technical rebound to 2.05
Trading Strategy
Buy around 1.74. Stop loss is at 1.66
Source:Jupiter Securities Research 06 April 2012
Description
Resistance : 2.05
Support : 1.70 1.74
RSI of 27
RSI is oversold
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
The overall oversold technicals indicate a limited downside, as it is due for a technical rebound to 2.05
Trading Strategy
Buy around 1.74. Stop loss is at 1.66
Source:Jupiter Securities Research 06 April 2012
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