Memstar (technical)

Memstar: UOB Kay Hian has Technical Sell Call with $0.125 TP and stops at $0.092. Note that prices appear to be supported by its mid Bollinger band and the stock is also trending above its 50-day moving average. Its MACD and Stochastics indicators have each formed a bullish crossover. Watch to see if the stock could close above $0.105 for further upside.