Wednesday, March 26, 2014

UOB (technical)

UOB: Recent strength on the short-term uptrend hasn't shown any weakness with ADX still on the rise, althought RSI and Stochastics are within the overbought region. Overall, counter still trading within its range between $19.40-$22.00. Near term support at $$20.65 (200MA) followed by $20.45 (20MA & 60 MA), while resistance levels are at $21.80 followed by $22.00.

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