Monday, April 21, 2014

Amtek (technical)

Amtek: UOBK rates at Technical Buy with TP $0.71. Says the stock may trend higher should it rebound from the rising 35-day EMA. Watch to see if its MACD indicator could form a bullish crossover above its centreline as its 14-day Stochastics indicator appears to have turned up after forming a bullish crossover. Protective stops could be placed at $0.620.

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