Thursday, October 4, 2012

Oceanus

Oceanus: Former CEO Yu De Hua has continued to pare down his stake from 8.5% to 8.0%. UOB had a technical Buy with $0.07 yday. House is of view that stock could potentially break above its mid Bollinger with a base support at $0.05. Stochastics looks poised to form a bullish crossover and bullish divergences at its MACD indicator could be in play. It tips placing stops below $0.045

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