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Sunday, 1 June 2014

UPP: 1 June 2014, Sunday, 5.50am Singapore Time

UPP: 1 June 2014, Sunday, 5.50am Singapore Time
Chart courtesy of Chartnexus.com

+ UPP executed a huge distribution as above.
+ Green Volume Bars were pump and dump and not real buys: retail buyers sucked in and trapped
+ Investors (significant number) are stuck with losses in this stock.
+ Consolidation is ending
+ Target is at least 10 cents
+ From current price, it will fall -61.5% in price.

UPP: 1 June 2014, Sunday, 5.50am Singapore Time

<< WARNING: Failure To Rebound on MAXIMUM +10.000 FFA >>
+ Maximum +10.000 FFA in the big wind/broad market is completing and U-turning, and this had been the best performance that this stock can offer (consolidation with 26.5cents-29.5cents test of resistance).
+ Resumption in sell-off will now proceed to do further damage.
+ Financial markets are transiting to bear markets as per warned in Daily Funds Flow Analysis.

Donovan Norfolk Ang Technical Rating:
Bearish-biased.
Exit and Get Out of stocks & Equities.
Short/Sell off on opportunistic rebounds.




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