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United Overseas Bank ST: turning down.
Trading Central | 2018-06-19 07:48:00

Short positions below 28.76 with targets at 25.60 & 24.60 in extension.

Pivot: 28.76

Our preference: short positions below 28.76 with targets at 25.60 & 24.60 in extension.

Alternative scenario: above 28.76 look for further upside with 29.92 & 31.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
31.00
29.92
28.76
26.46 Last
25.60
24.60
23.56

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-19-2018 at 09:48 UTC+1
Price reference: 26.46 last known on 06-19-2018 at 09:48 UTC+1
Investment horizon: ST

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