Friday, December 17, 2010
OUE: Has been a favoured office play in most houses’ property reports. CS and CIMB’s top pick for 2011. Broke channel support at $3.29, MACD still negative. Indicators look to continue downtrend. Currently trading near support of 50-day MA $3.26 and lower Bollinger $3.23. Might be a good time to accumulate after the nxt few days when indicators turn positive if its fundamentals are believed.