Stock Overview - E&O - 3 May 2012

E&O ( 3417 : 1.42 ) : Targeting 1.58/Stop loss 1.35

Description

Resistance : 1.58
Support : 1.36

RSI of 36
RSI is recovering

STOCHASTIC
It is oversold

Comment
It has started to rebound off the 1.36 support line, indicating an upside of 1.58

Trading Strategy
Buy. Stop loss is at 1.35

 Sourcs:Jupiter Securities Research 03 May 2012