Morning guys! what do you think of $UNITED OVERSEAS BANK LIMITED(U11.SI)$I personally think it’s on an uptrend because of the obvious ascending uptrend and the fact that price is moving above the ichimoku cloud. I’m thinking to buy the dip at 27.39 where the 38.2% Fibonacci retracement and horizontal swing low is. Planning to take profit at the swing high at 28.03 and have my stop loss at the 61.8% Fibonacci retracement at 26.91 area.
Entry: 27.39[Smile]
Take Profit: 28.03[Miser]
Stop Loss: 26.91[Cry]
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