September 19, 2016
OUE Limited Quick Analysis
If the bar does not close below the level we drew here, the trend continue to stay bullish. The week started right, the price action open and stay above the level. Wow!
Look, if we buy any where above the level and market stay bullish. We are right. Unfortunately, if the price action fall below the level. anywhere below the level means the bullishness is disappearing. We have to get out immediately.
Septemebr 19, 2016 OUE Limited Weekly Chart
OUE Limited Trend Analysis
Moving average is a great visual tool for chart analysis. Bearish trend when fast ma is below slow ma.
When the price action cross up MA and stay above MA. It begins to become bullish. OUE is forming the base. Will see.
September 19, 2016 OUE Limited Weekly Chart
Long term is bearish, and short term is bullish. Trade bullish is consider counter trend. So be aware!
Moses Singapore Stock Analysis
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