Is EDU posied for a strong rebound?

Shares in New Oriental Education and Technology Group Inc. fluctuated between $22.74 and $23.53 before ending Friday's session down 2.69%, at $22.75. The stock reported a trading volume of 1.19 million shares, below its three months average volume of 1.62 million shares. Further, shares of New Oriental Education and Technology Group Inc. have gained 0.66% over the last one month. However, the stock has plummeted 11.99% over the past three months and 27.78% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $25.98 is greater than its 50-day moving average of $21.96. Moreover, shares of New Oriental Education and Technology Group Inc. traded at a PE ratio of 16.73 and have an RSI of 50.37. The complete research on EDU is available for free at:

http://www.Investor-Edge.com/EDU-13Oct2014