United Engineers: Target hit, pushing towards our next target at 2.70? price 2.53

We have indeed seen our target at 2.50 hit today with a high at 2.55.

More upside above 2.50 now?

Uptrend looks intact!

We actually had a 1ET BULLISH ENTRY signal last Tuesday before the rally even occurred this week….

Graduates can check and see why….  :p

To find out more on my 1ET Explosive Strategy in a FREE workshop, click here, seats are filling fast…

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Recent Emails:

Sent: Friday, September 23, 2016 9:26 AM
Subject: ********* United Engineers: More upside above 2.40 now. price 2.42

Sent: Wednesday, September 21, 2016 9:32 AM
Subject: ********** United Engineers: Heading back towards key resistance, either way... price 2.37

United Engineers: Heading towards the 2.40 target as mentioned?

Now at 2.34 J

Sent: Monday, March 14, 2016 5:12 PM
Subject: ****************** United Engineers: A breakout above 2.15 - 2.20 can offer more short term upside... price 2.22

United Engineers has traded below the 2.20 resistance since August last year and today, we have finally seen a breakout above the 2.20 resistance level on more than 3 times above average volume. There can be more upside from here with an end to the sideways consolidation phase with target to 2.40 then 2.60 in the near term possible. Stop loss can be at 2.18 for any long positions above 2.20 now as long as this holds. At current price levels, it has also cut above the 200 day LONGER TERM MA which can potentially signal a reversal in the longer term. Bullish above 2.20 now.

************************ Breakout Spotted: United Engineer , NOW 3.15

Clients alerted yesterday and Wednesday ! J

******************United Engineers: Further breakout from previous buy call........... Still strong !! (Follow UP from Previous call)

Follow up from previous buy call: http://singaporetradinginsights.blogspot.sg/2014/04/utd-engineers-follow-up-from-previous.html

United Engineer has indeed traded higher and touched target at 2.30… today we have seen it break the 2.30 further, likely to head to 2.50 in the near term. Can try to accumulate on dips from 2.32 to 2.35 with a temp resistance at 2.40 first.

Stop loss at 2.27.

 

******************** Utd Engineers: Follow up from previous call before breakout ! REPOST

CLIENTS WERE INFORMED LAST WEEK before breakout seen, NOW AT 2.21 !

 

Sent: Wednesday, April 09, 2014 2:59 PM
Subject: ********************* Utd Engineers: Stock to Watch.... Uptrend only just begun ? Monitor for breakout first !

Can put this counter into your watch list for a potential breakout. Has been consolidating below 2.12 level for about a month after breaking above 1.90 last month… More upside if the 2.11 to 2.13 sellers get taken out and we can see it test 2.20 then 2.30 fast (using previous breakout strength). Has only just crossed above the 200 DAY MA (long term trend line) about a month ago which can signify a trend change upwards in the mid to long term.

Stop loss at 1.98