UNITED ENGINNERS

UNITED ENGINNERS - 5th July 2014 - United Engineers is still on a uptrend mode as reflected from TA point of view. All 3 indicators are still pointing upwards which is rather positive. The current price of $2.36 as of 4th July 2014 is holding up well. High chance for it to move up to re-attempt $2.40 and head higher towards $2.50 soon.(trade base on your own decision)

UNITED ENGINNERS - 1st June 2014 - United Engineers had a nice gap-up on 29th May 2014 and closed well at $2.35 on the same day. Volume was high and this is generally quite bullish.It has managed to continue to follow through on 30th May 2014 and closed higher at $2.37.All 3 indicators such as MACD,RSI & stochastic are trending upwards which is rather positive to drive the share prices higher.Short term is more likely visit $2.43. Crossing over of $2.43 with high volume that may propel the share prices to go higher towards $2.50 then $2.60.(trade base on your own decision)