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United Overseas Bank ST: the upside prevails as long as 24.7 is support
Trading Central | 2017-11-14 23:46:00

Alternative scenario: below 24.7, expect 24.1 and 23.8.

Our pivot point stands at 24.7.

Our preference: the upside prevails as long as 24.7 is support.

Alternative scenario: below 24.7, expect 24.1 and 23.8.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 24.78 and 24.11). United Overseas Bank is currently trading near its 52 week high reached at 25.49 on 10/11/17.

Supports and resistances:
27 **
26.7 *
26.3 **
26
25.07 (SGD-last)
24.9
24.7 **
24.1 *
23.8 **

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