Sunday 5 August 2012

Stock Overview - MYEG - 6 Aug 2012


MYEG ( 0138 : 0.74 ) : Take profit

Description

Resistance : 0.74 0.80
Support : 0.71

RSI of 80
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 1/8/2012 buy call at 0.70, we are recommending to take profit as it is approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 06 August 2012

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