Friday, February 1, 2013

Tiger Airways (technical)

Tiger Airways: UOB Kay Hian has Technical Buy Call, with $0.85 TP and stops at $0.74. Note that stock has closed above its mid Bollinger band and appears to be forming higher lows. Watch to see whether a golden cross could be formed and whether its Stochastics and MACD indicators could form a bullish crossover respectively. House institutional research has a fundamental SELL with $0.63 TP.

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