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Thursday, July 24, 2014

UOADEV: Uptrend Intact


UOADev rebounded off its long-term uptrend line support at RM1.90-2.00. This rebound could carry the stock to the horizontal resistance at RM2.20 & then at RM2.40.

Based on potential recovery, UOADev could be a good stock for a trading BUY


Chart: UOADev's weekly chart as at July 23, 2014 (Source: Tradesignum)

Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, UOADev.

1 comment:

Admin said...

hi alex, thanks for sharing.