Wednesday, August 29, 2012

UPP (technical)

UPP: Technical Buy Call by UOB Kay Hian with potential 25% return and $0.375 TP. Note that a break above $0.31 could test our target as prices have closed above its mid Bollinger band. Its Stochastics indicator has hooked up and its MACD has trended up albeit below its centerline. Tight stops could be placed at below $0.27.

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