Thursday, July 3, 2014

Vard

Vard: Potential V-shaped recovery. OCBC Sees more upside , after the stock rebounded off both its 6 mth uptrend support and $1.06 key horzontal support on significant trading volume in the last session. Meanwhile, RSI has shown signs of a bullish reversal just above the oversold region. OCBC Technicals tips TP of $1.25 in the wks ahead. Stop loss at $1.04.

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