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United Overseas Bank ST: break of a ST rising trendline support.
Trading Central | 2017-12-22 08:08:00

Short positions below 26.34 with targets at 25.40 & 24.65 in extension.

Pivot: 26.34

Our preference: short positions below 26.34 with targets at 25.40 & 24.65 in extension.

Alternative scenario: above 26.34 look for further upside with 26.85 & 27.70 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:
27.70
26.85
26.34
25.73 Last
25.40
24.65
24.00

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