Thursday, May 31, 2012

CMA

CMA: UOBK technicals says the charts tip a Sell with TP $1.24. Says, the stock appears to be resisted at $1.44, which is also below its trendline. Its 50-day moving average is likely to form a dead cross with its 200-day exponential moving average. The daily Stochastics has also formed a bearish crossover. Tips placing a stop above $1.45. The stock is up 1.1% at $1.39.

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