Addvalue Technologies (technical)

Addvalue Technologies: UOB Kay Hian has Technical BUY with +16.3% potential return and $0.10 TP. Note that the stock appears to be consolidating above S$0.085 and has closed above its mid Bollinger band. Its MACD indicator appears to trend towards itss centerline and Stochatics indicator is hovering above its oversold region. Tight stops could be placed at below $0.080.