Fool Trader KLSE Research

Stock Overview - E&O - 12 July 2012

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Publish date: Thu, 12 Jul 2012, 10:20 AM

E&O ( 3417 : 1.56 ) : Take profit

Description

Resistance : 1.60
Support : 1.45

RSI of 66
RSI is on the rise

STOCHASTIC
It is overbought

Comment
On the 30/5/2012 buy call at 1.43, we are recommending to take profit as it has hit the target of 1.60

Trading Strategy
Take profit

Source:Jupiter Securities Research 12 July 2012
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