Thursday, January 17, 2013

Cordlife (technical)

Cordlife: Technical Buy Call by UOB Kay Hian with $0.64 TP. House note that the stock appears to trade above its mid Bollinger band as well as its 50-day moving average. The immediate resistance is at $0.60. Watch to see whether its Stochastics could form a bullish crossover. House retail research has a fundamental HOLD with a TP of $0.62.

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