Wednesday, 15 Aug 2012 UOADEV – Stock Pick

Wednesday, 15 Aug 2012 UOADEV – Stock Pick



UOADEV ( 5200 : 1.78 ) : Take profit

Description

Resistance : 1.88

Support : 1.72

RSI of 58
RSI is in a sell divergence

STOCHASTIC
It is overbought

Comment
On the 3/8/2012 buy call at 1.69, we are recommending to take profit as it is overbought

Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.