SG banks to fly before earnings 🥳

Technical analysis weekly update! UOB did a double bottom across the past two weeks and finally broke the downtrend line today, with strong volume. Earnings due in 1 month's time 22 Feb. My target price would be $28.8-28.9 (Previous swing high price).

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. It is unlikely that UOB will fall, neither would SG government allow this to happen.

DYODD.

Investing is a long term game. Patience is always key.

Similarly, $DBS GROUP HOLDINGS LTD(D05.SI)$ is doing a similar pattern and likely to take flight from here, anything above $33 would be a TP for me.

Good luck and happy investing ! 😍

💰 Stocks to watch today?(1 Nov)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

lyho
01-27
lyho
Great ariticle, would you like to share it?
PagRobinson
01-26
PagRobinson
Yesss, fly high! 🚀
黑豹钻石拳
01-26
黑豹钻石拳
[Cool][Miser][Miser]
AuntieAaA
01-26
AuntieAaA
GOOD

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What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[{"img":"https://community-static.tradeup.com/news/cd346762e7061ce5f5f09e0e0ae8facf","width":"1170","height":"1775"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/cd346762e7061ce5f5f09e0e0ae8facf","width":"1170","height":"1775"}],"title":"SG banks to fly before earnings 🥳","html":"<html><head></head><body><a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nTechnical analysis weekly update! UOB did a double bottom across the past two weeks and finally broke the downtrend line today, with strong volume. Earnings due in 1 month's time 22 Feb. My target price would be $28.8-28.9 (Previous swing high price).&nbsp;\nUOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&amp;P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. It is unlikely that UOB will fall, neither would SG government allow this to happen.&nbsp;\n<img src=\"https://community-static.tradeup.com/news/cd346762e7061ce5f5f09e0e0ae8facf\" tg-width=\"1170\" tg-height=\"1775\">\nDYODD.\nInvesting is a long term game. Patience is always key.\nSimilarly,&nbsp;<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a> is doing a similar pattern and likely to take flight from here, anything above $33 would be a TP for me.&nbsp;\nGood luck and happy investing ! 😍</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nTechnical analysis weekly update! UOB did a double bottom across the past two weeks and finally broke the downtrend line today, with strong volume. Earnings due in 1 month's time 22 Feb. My target price would be $28.8-28.9 (Previous swing high price).&nbsp;\nUOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&amp;P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. It is unlikely that UOB will fall, neither would SG government allow this to happen.&nbsp;\n<img src=\"https://community-static.tradeup.com/news/cd346762e7061ce5f5f09e0e0ae8facf\" tg-width=\"1170\" tg-height=\"1775\">\nDYODD.\nInvesting is a long term game. Patience is always key.\nSimilarly,&nbsp;<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a> is doing a similar pattern and likely to take flight from here, anything above $33 would be a TP for me.&nbsp;\nGood luck and happy investing ! 😍</body></html>","text":"$UNITED OVERSEAS BANK LIMITED(U11.SI)$ Technical analysis weekly update! UOB did a double bottom across the past two weeks and finally broke the downtrend line today, with strong volume. Earnings due in 1 month's time 22 Feb. My target price would be $28.8-28.9 (Previous swing high price). UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. 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