Stock Technical indicators to notice in UTD OVERSEAS BK LTD (UOB.DE)
1- Last bearish trend was from 11.01 $ (8/3/2010) to 9.61 $ (10/13/2010) a 1.40 $ move 2- The current bullish trend started from 9.61 $ at 10/13/2010 and is currently trading at 10.95 $.
4- UOB.DE current resistance level is at 11.01 which is the 100.00 % fibonacci retracement of the last 1.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
UTD OVERSEAS BK LTD (UOB.DE) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 2.500 $ height triangle which was broken up at 10.100 in higher than usual volume, target of the pattern is 12.600.
UTD OVERSEAS BK LTD (UOB.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 2.500 $ height triangle which was broken up at 10.100 in higher than usual volume, target of the pattern is 12.600.
UTD OVERSEAS BK LTD (UOB.DE) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 2.500 $ height triangle which was broken up at 10.100 in higher than usual volume, target of the pattern is 12.600.
Stock Trading Conclusion:
UTD OVERSEAS BK LTD (UOB.DE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 11.01, 11.39, 11.88, 12.60,.
Stock Support levels : 10.63, 10.48, 10.44, 10.31, 10.28, 10.14, 10.12, 9.94, 9.61, 3.09,.