Friday, 21 December 2012

Stock Overview - MYEG - 21 Dec 2012

MYEG (0138 : 0.80 ) : Take profit

Description

Resistance : 0.83
Support : 0.78

RSI of 66
RSI is on the rise

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 10/9/2012 at 0.74, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source: Jupiter Securities Research - 21 December 2012

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