IPC Corp (technical)

IPC Corp: UOB Kay Hian recommends take profit from previous technical BUY. Note that stock was featured as a technical BUY on 02 Aug 12 when the stock opened at $0.123. The stock exceeded TP of $0.14 with its intraday high of $0.141 in the lasttrading session and has since returned 13.8% on closingprices. Some profits could be taken off the table as its Stochastics indicator is approaching its overbought level.