Thursday 7 June 2012

Stock Overview - UEMLAND - 8 June 2012


UEMLAND ( 5148 : 1.96 ) : Targeting 2.19/Stop loss 1.90

Description

Resistance : 2.15 2.19
Support : 1.91

RSI of 44
RSI is neutral

STOCHASTIC
It is oversold

Comment
The recent correction has ended at 1.91. It is in for a technical rebound to target the 50% retracement of
2.19

Trading Strategy
Buy. Stop loss is at 1.90

Source:Jupiter Securities Research 08 June 2012

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