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Saturday, February 10, 2018

UOL

UOL - From TA point of view, it is rather bearish.
Price is hovering below 20,50 & 100MA.
Last Friday it has managed to bounce-off from 200MA at $8.23 and closed at $8.34.



Short term wise, I think it may likely continue to trend lower.
Breaking down of $8.20 it may likely move down to test $8.00 then $7.50.
Not a call to sell or buy.
dyodd

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