CSE Global (technical)

CSE Global: TEchnical Buy Call by UOB Kay Hian with $0.92 TP and stops at $0.77. Note that the stock has crossed above its downward sloping trendline and also formed a Bollinger band squeeze breakout. Watch to see whether its 20-day moving average could form a golden cross with its 50-day and whether its MACD indicator could move above its centreline given that its Stochastics indicator has hooked up.