Otto Marine (technical)

Otto Marine: UOB Kay Hian has Technical buy Call with potential 25% return and $0.115 TP. HOuse note that the stock could be forming a round bottom should prices keep above S$0.085. The Stochastics indicator has formed a bullish crossover and its MACD indicator is attempting to cross above its centreline. Tight stops could be placed at below $0.080.