Stock Overview - MEGB - 23 Oct 2012

MEGB ( 5166 : 0.73 ) : Take profit

Description

Resistance : 0.75
Support : 0.68

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 3/10/2012 at 0.61, we are recommending to take profit as the upside is limited

Trading Strategy
Take profit

Source:Jupiter Securities Research, 23 October 2012