CNMC

CNMC: UOB Kay Hian has Technical Buy call with $0.50 TP, UOB KayHian technical analysis says. The stock has rebounded and currently closed above its mid-Bollinger band. A break above $0.43 is likely to see more upside. The RSI has rebounded from oversold levels and its MACD has formed a bullish crossover and is trending higher. House tips support at $0.375 and advises placing a stop below $0.36.