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.

Friday, 3 Aug 2012 UOADEV – Stock Pick

Friday, 3 Aug 2012 UOADEV – Stock Pick



UOADEV ( 5200 : 1.69 ) : Targeting 1.88/Stop loss 1.64

Description

Resistance : 1.88 2.00


Support : 1.64

RSI of 58
RSI is neutral

STOCHASTIC
It is on an upswing

Comment
The recent correction has ended at 1.65. It is likely to be heading higher to 1.88

Trading Strategy
Buy. Stop loss is at 1.64

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.

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.