Towards 19.60 as mentioned?
Sent: Thursday, March 17, 2016 9:54 AM
Subject: ******************** UOB: Breakout seen above 18.90 - 19.00, more upside above now....
Subject: ******************** UOB: Breakout seen above 18.90 - 19.00, more upside above now....
UOB has cleared to a new high above the 19.00 psychological resistance level and we can start to see more upside towards the 19.60 then 20.00 from here. MACD positive and trending upwards with more strength to the recovery seen. As long as 19.00 holds as support now, we are short term bullish. Have also pulled away from the 100 day MA line which it has crossed above.
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