Tuesday 28 February 2012

Stock Overview - UEMLAND - 29 Feb 2012

UEMLAND ( 5148 : 2.20 ) : Take profit

Description

Resistance : 2.30
Support : 2.08

RSI of 56
RSI is weakening

STOCHASTIC
It is on a down swing

TREND INDICATOR
Down

Comment
The recent sell down from the 2.47 high is not over yet. It is likely to test a Double bottom at 2.07

Trading Strategy
Take profit


Source:Jupiter Securities Research 29 February 2012

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