United Envirotech (technical)

United Envirotech: UOB Kay Hian has Technical Sell Call, with a $0.545 TP & stops placed at $0.66. Note that stock is likely to retreat further towards its potential resistance-turned-support level as prices have fallen after forming a bearish doji earlier. Its RSI indicator, which has been hovering in the overbought region, has turned down. Watch to see whether its MACD indicator could form a bearish crossover.