The current Olam Muddy Waters Saga will probably see range trading between the blue immediate support zone and the red immediate resistance zone. A breakout above the red zone will meet the next potential resistance zone indicated by the green rectangle box.
Take note that if there is a failure to move above the red zone and if the blue zone support does not hold an imminent slide between the blue dotted channel will be triggered.
DBS & OCBC already moved… is UOB next?
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DBS has already had a strong run.
OCBC too.
Both bullish trends are still holding.
But now…
*UOB is getting interesting. *
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2 weeks ago

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