Fool Trader KLSE Research

Fool Trader KLSE Research

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Publish date: Thu, 20 Sep 2012, 11:11 AM
MRCB ( 1651 : 1.66 ) : Targeting 1.82/Stop loss 1.56

Description

Resistance : 1.82
Support : 1.56

RSI of 47
RSI is in a buy divergence

STOCHASTIC
It is on an upswing

Comment
The recent correction has ended at 1.56. It is heading for 1.82

Trading Strategy
Buy. Stop loss is at 1.56

Source:Jupiter Securities Research, 20 September 2012

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