UOB - COVID-19 Downtrend Still Intact

UOB share price crash during the COVID-19 economy shutdown.  Price managed to rebound 60 percent with 4 bullish bar on 8, 9. 10 and 11 June 2020.  The previous sellers zone where many UOB investors are trap seem too strong to crack.  After that, the downtrend slowly continues as price was unable to break the strong bearish downtrend line.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.