UCHITEC share price soar
>> Tuesday, March 22, 2011
Technical Outlook
Uchitec share price jump RM0.07 to RM1.43 during as of posting. Two weeks ago(28/2/11) i start to keep a close eye on this stock as it break above symmetrical triangle at RM1.32. Straight away, I revise the target price to RM1.38 then RM1.44.
However, share price stay put since then i suspect because of the uncertainty in Japan Earthquake and Libya.
If share price successfully break above resistance RM1.44, uptrend should pretty firm. Next target will be RM1.54.
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