Thursday, January 24, 2013

IEV (technical)

IEV: Technical Buy Call by Uob Kay Hian wiith $0.64 TP. HOuse note that the stock is currently trading near its mid Bollinger band and has risen above its 50- and 100-day moving averages as well. Watch to see whether its Stochastics indicator could now form a bullish crossover. House retail research has a fundamental HOLD with a target price of $0.54.

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