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Sunday, September 3, 2023

UOB Bank - Chart wise, bearish mode! But with US PPI data is within expectation will bank likely rise up with this piece of good news as US Dow has closed positively with 100+ points.

TA wise, bearish mode!



It might rise higher with the latest good news about PPI that might present a hit and run approach (trading strategy). 

Not a call to buy or sell!

Please dyodd.  

 Chart wise,  bearish mode!

Sold down after Ex.dividend of 0.85 on a few days ago from 29.82 to close at 28.62, it has retreated more than its dividend of 85 cents! 



Short term wise,  I think likely to go down to test 28.00 than 27.13/27.00.

Not a call to buy or sell!

Please dyodd.


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