Vard Holdings (technical)

Vard Holdings: UOB Kay Hian has Technical buy Call with $0.99 TP. Note that the stock may rebound towards its gap down on 1 Jul 13, which may act as a potential resistance. Its short-term moving averages are turning up as its 10-day EMA looks poised to cross above its 35-day EMA. Its MACD indicator has hooked up and could move above its centreline. Watch to see if the stock could break above $0.90.