UOB Technical Analysis (U11)

05 October 2018

UOB Downtrend since May 2018

UOB downtrend started only this year on 3 May 2018.  It is still trap in a large Symmetrical Triangle with no change of trend in sight yet.  2018 is a year where majority of the stocks are trending down even though STI remains above the 3,000 levels.

Notes: Stock Technical Analysis is based on past pattern and probability, not a call for you to trade.  Do Your Own Due Diligent (DYODD).

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