Tuesday, August 7, 2012

Gallant (technical)

Gallant: UOB Kay Hian has Technical Buy call with potential 15.6% return and $0.35 TP. Note that stock is likely to edge higher should prices moves above S$0.305 convincingly. The stock has moved above its mid Bollinger band and bullish crossovers are found at its Stochastics and MACD indicators Stops could be placed below $0.27.

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