Monday 12 March 2012

Stock Overview - UEMLAND - 13 Mar 2012

UEMLAND ( 5148 : 2.26 ) : Targeting 2.47

Description

Resistance : 2.47 2.68
Support : 2.18

RSI of 44
RSI appears to have stabilised

STOCHASTIC
It is oversold, indicating a limited downside

TREND INDICATOR
Comment
The current pullback may be ending as technicals are approaching oversold.

Trading Strategy
Buy. Stop loss is at 2.16

Source:Jupiter Securities Research 13 March 2012

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