![](https://1.bp.blogspot.com/-MlsjWBvIWWo/Td4J3B-81wI/AAAAAAAAEK4/RqfMAj4kgpQ/s400/2011May-UMW-800x600.png)
UMW 1Q finacial result out this morning had help the share move up, base on the chart I think it is a bullish news. UMW price up with vol so the demand is there. UMW-CD also jump from RM0.115 to RM0.14 in 2 trading days.
However due to the market situation, I think the up momentum is limited.