Sarin (technical)

Sarin: Technical Buy Call by UOB Kay Hian, with $1.04 TP and 13.6% potential return. House note that prices may rebound towards its 50-day moving average should there be a follow through of its bullish engulfing candlestick pattern formed in the last trading session. Do keep an eye on whether its MACD indicator could form a bullish crossover as well a bullish crossover at its Stochastics indicator. Tight stops could be placed at below $0.87