Sakari (technical)

Sakari: UOB Kay Hian has Technical Buy Call, with $1.52 TP. Note that prices rebounded near $1.25, which was an immediate support level mentioned last Friday in house weekly SaRW section. Believe the stock may have further upside as it has crossed its mid Bollinger band and potentially test its upper band. Its RSI indicator has hooked up, along with the MACD indicator trending up. Stops could be placed at below $1.24.