Stock Overview - UMW - 7 June 2012

UMW ( 4588 : 8.05 ) : Targeting 8.40/Stop loss 7.90

Description

Resistance : 8.40 8.60
Support : 7.90

RSI of 66
RSI remains firm

STOCHASTIC
It is on an upswing

Comment
The current uptrend is heading for 8.40, and 8.60

Trading Strategy
Buy. Stop loss is at 7.90

Source:Jupiter Securities Research 07 June 2012