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Archive for the UOB Category


UOB – almost engulf…

UOB today, despite Dow Jones closed -205 on Friday, almost managed to formed a bullish engulfing but it closed with a bullish piercing candle. That level also coincides with fibonacci 50% support. Watch to see if there is a follow through.

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Summary of stocks to pay attention

Initially I wanted to post everything nice nice but looking at the time now, it is 2:15am and I got to wake up for the webinar, I decided to make this a summary and you will have to refer to the charts. Plus I have to send out 1 nice alert later after this. Apologies […]

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UOB (on request) – hit resistance and fell

UOB hit a strong classical resistance of 17.65 and fell badly today. As long as you understand your risk reward, one can look into entering a short position. However do note that today banks fell a lot already, therefore, there will be some “chasing” involved. DBS is a bearish engulfing candle.  

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