Thursday, 28 April 2016

UOB (U11) - 28 April 2016


UOB is the first among the three local banks to announce their Q1 results.  http://www.channelnewsasia.com/news/singapore/uob-q1-profit-down-4-4/2738886.html

Technically it looks downtrend with support at $18.75 and $8.58 (50-day Moving Average). A good support will be at $18.35. The resistance is currently at $19.16 (20-day MA).

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