Fool Trader KLSE Research
Stock Overview - MRCB- 18 May 2012
MRCB ( 1651 : 1.58 ) : Targeting 1.82/Stop loss 1.46
Description
Resistance : 1.82 1.90
Support : 1.46
RSI of 32
RSI is on a positive divergence
STOCHASTIC
It is oversold
Comment
With oversold technicals, a technical rebound to target 1.82-1.90 is likely
Trading Strategy
Buy. Stop loss is at 1.46
Source: Jupiter Securities Research 18 May 2012
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