23 October 2016
U11 United Overseas Bank Limited Weekly Chart and Wave
It’s still downtrend, as we see lower high and lower low. Price retest the same level for a few times, to ensure the ground is solid enough. True or true?? Will see.
United Overseas Bank Limited U11 Daily and MACD
The last five days the price action has been bullish. But, the price still close below the last high. The bulls are weak.
Have fun!
Moses Singapore Stock Desk
AmiBrokerAcademy.com
Disclaimer: All information, data and material contained, presented, or provided on amibrokeracademy.com is for educational purposes only. It is not to be construed or intended as providing trading or legal advice. Decisions you make about your trading or investment are important to you and your family, therefore should be made in consultation with a competent financial advisor or professional. We are not financial advisor and do not claim to be. Any views expressed here-in are not necessarily those held by amibrokeracademy.com. You are responsible for your trade decision and wealth being.