Thursday, 21 July 2011. UEMLAND – Stock Pick

UEMLAND ( 5148 : 2.50 ) : Limited upside
Description
Resistance : 2.64
Support : 2.06 2.35
RSI of 29
RSI is oversold
STOCHASTIC
It is oversold
TREND INDICATOR.
Down
Comment
Following the downside consolidation breakout at 2.66, it is heading lower to 2.35. Upside is capped at 2.64
Trading Strategy
Avoid