Tuesday, September 25, 2012

Singapore Stock Chart - OUE Ltd

With recent news of OUE ltd where there is potential buyer of Mandarin Hotel and Gallery Hotel, OUE price shoot up nearly 10% in just a week. Now we see that the price of the stock is piecing through the long term downtrend line. We see that this might be a good time to look at this stock, today OUE closed $2.91, stoploss can place below $2.80, where the stock breaks it's support. Mid-long term.

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