IEV

UOB had a technical sell call on IEV with a $0.415 TP. Note that Prices broke and close below $0.51, which now could be a support-turnedresistancelevel. The inverted hammer candlestick pattern has failed to follow through in the last trading session. Its MACD has formed a bearish crossover and trended down. Stops could be placed at above $0.53.