Wednesday, 28 Dec 2011. E&O – Stock Pick

E&O ( 3417 : 1.44 ) : Targeting 1.58
Description
Resistance : 1.58
Support : 1.39
RSI of 58
RSI is recovering
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Following the consolidation breakout, it is heading to test the 61.8% retracement at 1.58
Trading Strategy
Buy. Stop loss is at 1.39
Disclaimer
This report is provided for information purposes only.