Wednesday, 21 Dec 2011. UOADEV – Stock Pick

UOADEV ( 5200 : 1.33 ) : Double bottom
Description
Resistance : 1.42 1.46
Support : 1.30
RSI of 41
RSI is on a positive divergence
STOCHASTIC
It is on an upswing
TREND INDICATOR
Sideways
Comment
It is on a positive Double bottom, targeting 1.42
Trading Strategy
Buy. Stop loss is at 1.30

Disclaimer
This report is provided for information purposes only.