Thursday, 7 June 2012 UMW – Stock Pick

Thursday, 7 June 2012 UMW – Stock Pick



UMW ( 4588 : 8.05 ) : Targeting 8.40/Stop loss 7.90


Description


Resistance : 8.40 8.60




Support : 7.90


RSI of 66
RSI remains firm


STOCHASTIC
It is on an upswing


Comment
The current uptrend is heading for 8.40, and 8.60


Trading Strategy
Buy. Stop loss is at 7.90


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.




notice.