Buy UOB at S$20.26?
Buy UOB at S$20.26?
1. RSI recent oversold
2. Third Green Supertrend
3. High upswing potential resistance
News:
PhillipCapital is revising UOB’s FY2020F earnings down 5% to reflect business disruptions from Covid-19, as the bank posted 2Q2020 earnings 18% below previous estimates last week. PhillipCapital analyst Tay Wee Kuang is maintaining “accumulate” on the bank with a reduced target price of $20.40 from $20.70. - https://www.theedgesingapore.com/capital/brokers-calls/uob-fy20f-earnings-adjusted-5-down-after-weak-2q20-performance-phillipcapital
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