UOB – XD on Monday prone to go down to check 29 with dividend quantity of 88 cents! Chart clever, bearish mode!

If 28.97 can’t maintain, we’d seemingly see her taking place to revisit 28.00/27.98.

The native financial institution are exhibiting the identical candlesticks patterns prone to proceed to go decrease!

The document revenue has roughly Peak and web revenue is exhibiting signal of weak spot! Their netprofit going ahead would seemingly be lowered!

With charge reduce and recession looming within the US, financial institution seemingly see additional weak spot!

Pls dyodd.

fifth August 2024 replace:

UOB – Gapped down this morning plus excessive quantity that is somewhat bearish! Damaged down the 30.00 help degree prone to go down to check 29.56.

If 29.56 can’t maintain then we might even see her drifting decrease in direction of 29.00 with extension to 27.90.

Pls dyodd….