Wednesday, 28 Mar 2012 MAYBANK – Stock Pick

MAYBANK ( 1155 : 8.85 ) : Targeting 9.58

Description
Resistance : 9.10 9.58
Support : 8.72

RSI of 66
RSI is rising

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
The current up trend is heading for 9.58. A tight stop loss should be placed at 8.72


Trading Strategy
Buy. Stop loss is at 8.72


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.