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United Overseas Bank ST: the downside prevails.
Trading Central | 2017-09-11 07:54:00

Short positions below 24.05 with targets at 23.00 & 22.64 in extension.

Pivot: 24.05

Our preference: short positions below 24.05 with targets at 23.00 & 22.64 in extension.

Alternative scenario: above 24.05 look for further upside with 24.65 & 25.20 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:
25.20
24.65
24.05
23.41 Last
23.00
22.64
22.05

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