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UMS ST: as long as 1.01 is support look for 1.28
Trading Central | 2017-11-29 02:55:00

Alternative scenario: the downside breakout of 1.01 would call for 0.93 and 0.87.

1.01 is our pivot point.

Our preference: as long as 1.01 is support look for 1.28.

Alternative scenario: the downside breakout of 1.01 would call for 0.93 and 0.87.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA (respectively at 1.09 and 0.94).

Supports and resistances:
1.39 **
1.33 *
1.28 **
1.23
1.09 (SGD-last)
1.05
1.01 **
0.93 *
0.87 **

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