Weak Bulls | Wave | MACD | U11 | United Overseas Bank Limited Stock Analysis

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.

October 21, 2016 United Overseas Bank Limited Weekly Chart

October 21, 2016 United Overseas Bank Limited Weekly Chart

 

 

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.

October 21, 2016 U11 United Overseas Bank Limited Daily and MACD

October 21, 2016 U11 United Overseas Bank Limited Daily and MACD

Have fun!

Moses Singapore Stock Desk

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