Tuesday, 23 Oct 2012 MEGB – Stock Pick

MEGB ( 5166 : 0.73 ) : Take profit

Description

Resistance : 0.75
Support : 0.68

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy of 3/10/2012 at 0.61, we are recommending to take profit as the upside is limited

Trading Strategy
Take profit

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.