Wednesday, December 23, 2015

UOL Group Ltd (U14.SI) - Share Price



Studying the chart for UOL, it seemed as though there would be some more sellers first before a sustained up rise is possible. This stock is a blue chip with a history of growth but every growth one day will turn stale. I love the way how the Big Boys managed to create a gap up back in Oct for retailers to chase where in fact they were selling on the rising price. That's one of the power maneuver to watch out for and in the near term, this is in my watch list.

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Ronald K - Market Psychologist - A Stock Market Opportunist