Ramba Energy (technical)

Ramba Energy: UOB Kay Hian has Technical Buy Call with $0.625 TP. House note that the stock appears to be trending sideways and above its rising 100-day moving average. Prices also closed above its middle Bollinger band. Its Stochastics indicator has turned up after forming a bullish crossover. Watch to see if prices could break above its upper Bollinger band for it to trend higher.