Stock Overview - UMLAND - 26 June 2012

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

Source:Jupiter Securities Research 26 June 2012