Thursday, March 28, 2013

Bumitama (technical)

Bumitama: UOBK Technicals tips Buy with TP $1.12, Recommends tight stops below $0.99. Notes the stock is tading near its support at $1.00 and its lower Bollinger band could be acting as a support. Stochastics has formed a bullish crossover and could trend up. Says watch to see if MACD can form a bullish crossover. The house has a fundamental Buy rating with TP $1.12

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