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Thursday, February 21, 2019

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.
 
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