Sunday, 9 September 2012

Stock Overview - MYEG - 10 Sept 2012

MYEG ( 0138 : 0.78 ) : Targeting 0.86/Stop loss 0.75

Description

Resistance : 0.86 0.96
Support : 0.75

RSI of 54
RSI is neutral

STOCHASTIC
It is oversold, and due for a rebound

Comment
It has bottomed out at 0.74, on the positive Island reversal chart pattern

Trading Strategy
Buy. Stop loss is at 0.75


Source:Jupiter Securities Research 10 September 2012

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