Fool Trader KLSE Research

Stock Overview - MPI - 26 Apr 2012

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Publish date: Thu, 26 Apr 2012, 11:06 AM
MPI ( 3867 : 2.93 ) : Accumulate/Stop loss 2.75

Description

Resistance : 3.25
Support : 2.83

RSI of 43
RSI is neutral

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
The recent correction from the 3.78 high has approached oversold level, indicating a limited downside

Trading Strategy
Accumulate. Stop loss is at 2.75

Source:Jupiter Securities Research 26 April 2012 

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