Friday, November 18, 2016

UOB: Next resistance and target cleared too, still strong above? price 19.54


Following up from previous few day calls, we have indeed seen the 19.50 target breached today too.


Managed to alert some clients few days back on a move above 19.20  with some price action seen....


Can it head towards our next target at 20.00 now as seen from the chart?


Indicators still pointing to more upside especially above 19.50 now. Let’s see.


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Recent Emails:


Sent: Thursday, November 17, 2016 9:19 AM
Subject: ******* UOB: A firm move above 19.20 can see it trade higher, price 19.33

Sent: Wednesday, November 16, 2016 9:10 AM
Subject: ********* UOB: A firm move above 19.20 can see it trade higher, price 19.22

For illustration purpose only

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