Pacific Radiance (technical)

Pacific Radiance: UOBK Technicals rates at Buy, with higher technical TP of $1.20 (from $1.11). The stock appears to be trending at its rising 50-day EMA and has closed above its 20-day EMA in the last trading session. Watch to see if a bullish crossover could be formed at its MACD indicator as its 14-day Stochastics indicator has hooked up. Protective stops could be placed at $1.02. UOBK institutional research has a fundamental BUY with TP $1.22.