Talk Is Free

Wednesday, December 5, 2007

Trading Ideas. MBSB

Previous posts on MBSB - failure on the pennant breakout. Since then MBSB has been on the decline. Me thinks MBSB is worth a look now in view of the decline and the current price formation. Anticipating U-turn up.

Proposed entry - 1.26 - 1.30
Stop - S3 - 1.240
S1 - 1.26
S2 - 1.22
S3 - 1.20
R1 - 1.30 (*)
R2 - 1.35
R3 - 1.39
On daily charts : Rising MACD, rising stochs

2 comments:

Anonymous said...

ok, i say.... buy buy buy!!!!!

Anonymous said...

ok, tomorrow i will queue to buy 100,000 shares of mbsb at RM1.22