Stock Overview - ENG - 14 June 2012

ENG ( 8826 : 1.95 ) : Targeting 2.12/Stop loss 1.91

Description

Resistance : 2.12 2.20
Support : 1.91

RSI of 77
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
Following the breakout yesterday, it is heading higher to target 2.12

Trading Strategy
Buy. Stop loss is at 1.91

Source:Jupiter Securities Research 14 June 2012