Sunvic (technical)

Sunvic: technical Buy Call by UOB Kay HIan with potential 20.6% return and $0.38 TP. House note that the stock closed above its mid Bollinger band and currently is looking poised to break above its 50-day moving average. Its Stochastics and MACD indicators have formed bullish crossovers and trending up. Stops could be placed at below $0.275.