Stock Overview - MEGB - 14 May 2012

MEGB ( 5166 : 1.05 ) : Targeting 1.18/Stop loss 1.00

Description

Resistance : 1.18
Support : 1.02

RSI of 39
RSI is neutral

STOCHASTIC
It is neutral

Comment
With oversold technicals, it is due for a little bounce. Resistance is at 1.18

Trading Strategy
Buy. Stop loss is at 1.00

Source:Jupiter Securities Research 11 May 2012