UtdEnvirotech stock price has been on bullish note for the past few days but it looks like the stock price is reversing soon! Currently UtdEnvirotech is hitting the uptrend channel resistance with a doji at today closing, although other technical indicators are still showing bullish signal. RSI and stochastic are in overbought region. Next immediate support at $0.44.
Golden Agriculture is currently trading within an Up Trend Channel. As long as the channel support is not broken, a good entry is near the channel support which is at about $0.57. The 50D MA should provide a good support at about $0.55. Near term resistance is $0.615.
For short term safe trade: entry point at $0.57, exit point at $0.615. 8% Profit target.
Cut loss if GoldenAgri breaks the 50D MA support.
Disclaimer: I am NOT a certified stock analysis. The analysis posted is for my own use only and for information sharing. Use the inforamtion at you own risk.
Starhub is currently trading within an up trend channel in a slow and steady way. Not very exciting in term of capital gain but this chart pattern gives an indication when is a good entry point if I am planning to buy StarHub for the quarterly dividend. A good entry point is near the channel support.
