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UOB
Short

UOB (U11:SGX) Set to test Lower Channel

By Brandon_Leu
Updated
U11 failure to close the gap indicate strong selling within price action. U11 set to retest lower channel at S$27.65. Failure to hold will see stock price mark down towards fibo downward project of 4.236%. MACD momentum is bearish.
Trade closed: target reached
Target Price Reached
Trend Analysis
Brandon_Leu

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