UOB STOCK: AN IMPORANT UPDATE TO ALL INVESTORS!

Singapore stocks
Dear readers, UOB stock closed at $25.98 yesterday. Do you know that since Aug 2018, UOB stock has been testing the 200-Days-Moving-Average?
UOB stock has been trying to sustain a convincing break above the 200-Days-Moving-Average but has failed. Yesterday, the intra-day high of $26.09 touched the 200-Days-Moving-Average but as usual the stock closed lower.

Should the stock breaks above the 200-Days-Moving-Average, I believe the target price of UOB stock at this current juncture will be found at the next resistance of $29 mark and that is at most the maximum price UOB stock can go for the time being.
 
Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Popular posts from this blog

HOW TO PREPARE FOR THE NEXT POSSIBLE STOCK MARKETS CORRECTIONS NOW?

YEAR 2008 GREAT FINANCIAL CRISIS: LESSONS LEARNT

BREAKING THE ROUTINE: EXPLORING THE CAREER STAGNATION PHENOMENON

WHAT ARE THE COMMON SIGNS OF A STOCK MARKETS CORRECTIONS?

HOW DOES A MINIMALIST LIFESTYLE SAVES YOU MONEY?

HOW SHOULD INVESTORS PREPARE FOR THE NEXT STOCK MARKETS CRASH?

RISK OF FOREX INVESTING VERSUS STOCKS INVESTING

PARK AND GROW YOUR MONEY AT 3.40% PER ANNUM!

10 COUNTRIES WITH THE HIGHEST NATIONAL DEBT

MID-YEAR BONUS 2024: HOW TO MAKE BEST USE OF IT?