sell call UOB Bank showing 2consecutive red HA candlestick
UOB Bank is showing 2 consecutive red HA candlestick
$UNITED OVERSEAS BANK LIMITED(U11.SI)$$Straits Times Index(STI.SI)$$STI ETF(ES3.SI)$folks with shorter term time frame may want to consider protecting profit with closing of at least partial position
good luck and trade safe
Heikin Ashi (HA) is a type of trading chart created in Japan. It's similar to candlestick charts in that the color of the candlestick denotes the direction the price is moving.
There's one main difference between traditional candlestick charts and Heikin Ashi charts. Heikin Ashi charts the average price moves, creating a smoother appearance. Because the Heikin Ashi price bars are averaged, they don't show the exact open and close prices for a particular time period.
How ever for buyers waiting do wait for it to fall a little more before buying agajnb
UOB struck an optimistic tone on Southeast Asia’s growth prospects even as aggressive rate hikes point to a gloomier global picture.
This comes as Southeast Asia’s third-largest lender’s net income rose 11% from a year earlier in the three months ended June 30, largely in line with analysts’ expectations. After rallying this month, its shares gave up early gains to drop as much as 3.3% on Friday, outpacing the dip in the benchmark stock index.
@TigerStars do feature this for technical analysis
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Warm
Ok