Cache Logistics Trust (technical)

Cache Logistics Trust: UOBK Technicals tips Buy with TP $1.29, as the stock may continue to trend higher on the series of higher highs and higher lows formation. Prices are now above its 200-day EMA and watch to see if a golden cross could form as its 50-day EMA could continue to rise. MACD indicator is now above its centreline. Protective stops could be placed at $1.12. UOBK institutional research has a fundamental BUY with TP $1.31.