Tuesday, August 26, 2014
UOB (technical)
UOB: chart looks poised for a near term recovery from the recent ~ $22.50 low earlier this month.
The key indicators are rising positively, with RSI just breaking above neutral level and MACD just displaying a positive crossover.
See resistance at the $24 psychological mark.
Support at $22.50.
Longer term trend remains positive
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