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Wednesday, October 18, 2023

UOB - I think likely to go down to test 27.00!

 TA wise,  bearish mode!

Look at the chart direction!

The trend is your friend!

Don't goes again the wrong direction!

I think market give ample notice to lock in profit! 

Short term wise,  she is heading down to test 27.13 than 26.98. 




Breaking down of 26.98 may see her sliding down toward 26 than 25 with extension to 23.75.

Pls dyodd.



Chart wise,  it has not been able to breakout of the bearish trend and likely see her drifting lower to retest 27m64 than 27.13 and 27.00.

Pls dyodd.


Chart wise,  bearish mode!



Short term wise,  I think likely to go down to test 28.00 than 27.64. 

Breaking down of 27.64 we may see her drifting lower towards 27.13 than 26.98.

Please dyodd.


 TA wise, bearish mode!



I think high chance for her to breakdown 27.63 that may present a good candidate for shorting! 

Breaking down of 27.63 plus high volume she may likely go lower to test 27.13 than 26.98.

NAV 25.13. This might be a gd pivot entry point for long term horizon.  

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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