Hey guys ! Check out UOB !
Hey all! What do you guys think of $UNITED OVERSEAS BANK LIMITED(U11.SI)$? I see that it is abiding to an ascending trendline support, signifying bullish momentum. We can expect price to push up from pivot level in line with 23.6% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci projection. My bullish bias is further supported by the Ichimoku indicator where the clouds are acting as a strong support. [Tongue]
Potential Pivot @ 27.7
Potential Take Profit @ 28.18
Potential Stop Loss @ 27.39
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