April 4, 2012

Stock Overview -MUHIBAH- 4 April 2012

Stock Name: MUHIBAH
Company Name: MUHIBBAH ENGINEERING (M) BHD
Research House: JUPITERPrice Call: BUYTarget Price: 1.52




MUHIBAH ( 5703 : 1.35 ) : Targeting 1.53

Description
Infrastructure

Resistance : 1.54
Support : 1.22

RSI of 57
RSI is on a spike-up

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The current rebound is retesting the Double top of 1.53. Stop loss should be placed at 1.22

Trading Strategy
Buy. Stop loss is at 1.22

Source:Jupiter Securities Research 04 April 2012


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