Wednesday, 29 June 2011. UEMLAND – Stock Pick

UEMLAND ( 5148 : 2.86 ) : Small upside
Description
Resistance : 3.07 3.14
Support : 2.76
RSI of 68
RSI is approaching overbought
STOCHASTIC
It is approaching overbought
TREND INDICATOR.
Up
Comment
The current technical rebound is likely to be capped in the region of 3.07-3.14
Trading Strategy
Take profit above 3.00. Stop loss is at 2.76