Monday, March 20, 2017

Technical Analysis Mar 2017: UCHITEC (7100)


UCHI TECHNOLOGIES BERHAD

Observation from Chart:

UCHITEC (7100) forming bolinger band squeeze. (squeeze @ RM1.75 to RM1.85 range)

When will it breakout?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM1.85 level.

Immediate support @ RM1.75 level.
Subsequent support @ RM1.69 level.

Referring the Q4 annual report, there is 8cent final dividend.
Based on pass history, UCHITEC will announce their final dividend on April.



Let's watch closely...

0 comments:

Post a Comment