Thursday, 3 May 2012 E&O – Stock Pick

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


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.