Fool Trader KLSE Research
Stock Overview - MEGB - 16 Aug 2012
MEGB ( 5166 : 0.765 ) : Targeting 0.80/Stop loss 0.745
Description
Resistance : 0.80
Support : 0.75
RSI of 22
RSI is oversold
STOCHASTIC
It is oversold
Comment
As it is oversold on the Double bottom of 0.75, it is due for a technical rebound
Trading Strategy
Buy. Stop loss is at 0.745
Source:Jupiter Securities Research 16 August 2012
Description
Resistance : 0.80
Support : 0.75
RSI of 22
RSI is oversold
STOCHASTIC
It is oversold
Comment
As it is oversold on the Double bottom of 0.75, it is due for a technical rebound
Trading Strategy
Buy. Stop loss is at 0.745
Source:Jupiter Securities Research 16 August 2012
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