Wednesday, July 18, 2012

HL Asia (technical)

HL Asia: UOB Kay Hian has Technical Sell Call. HOuse Recommends Buy with a potential 6.5% return and TP of $1.86. Note that stock has broken out and its 20-day moving average has formed a golden cross with its 50-day. Its Stochastics and MACD indicator have turned up. Stops could be placed at below $1.69

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