Tuesday, 26 June 2012 UMLAND – Stock Pick

Tuesday, 26 June 2012 UMLAND – Stock Pick



UMLAND ( 4561 : 2.25 ) : Targeting 2.49/Stop loss 2.18

Description

Resistance : 2.40 2.49

Support : 2.12 2.18

RSI of 77
RSI is to remain firm

STOCHASTIC
It is overbought

Comment
The current uprun is likely to retest the previous high of 2.49

Trading Strategy
Buy. Stop loss is at 2.18


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.