Dyna-Mac (technical)

Dyna-Mac - UOB Kay Hian has a Technical Buy Call on the counter this morning with $0.54 TP. HOuse note that the stock has formed a potential tweezer bottom and prices appear to have rebounded from its lower Bollinger band which is acting as a support and closed above its mid Bollinger band. Its Stochastics indicator has formed a bullish crossover and is trending up, and this is accompanied by another bullish crossover at its MACD indicator. Watch to see if the stock could move above its 50 and 200-day moving averages.