Thursday, March 05, 2020

UOB - Facing Steep Falls

UOB facing a steep fall after FED suddenly raise interest rate by 0.5%. 

The 2nd phase falls seem to be long and steep.  Although falling, there seems to be many bullish bar which suggest many investors are still buying the banks.  However, the bear seem to be so much stronger today as the bearish bar was much bigger than the last 2 days.


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