E&O ( 3417 : 1.42 ) : Targeting 1.58/Stop loss 1.35
Description
Resistance : 1.58
Support : 1.36
RSI of 36
RSI is recovering
STOCHASTIC
It is oversold
Comment
It has started to rebound off the 1.36 support line, indicating an upside of 1.58
Trading Strategy
Buy. Stop loss is at 1.35
Source: Jupiter Securities Research - 02 January 2013
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