UE alert for clients - United Engineer
I posted on UE twice last week, http://www.finanovice.blogspot.sg/2012/11/united-engineer-diary-post.html
My view : United Engineer is on its way to break its 3 year high of $2.80. Below is an email on an alert to tell my clients of this potential setup. In my opinion, this stock still warrants a buy. Very bullish signal was seen. A nice close at $2.80.
Good evening,
Just a follow through my last post on United Engineer.
After breaking the $2.60 resistance turned support level, United Engineer continues to move upwards and it is up by 20 cents.
$2.80 is at its historical high. This level will prove to be a resistance for UE to move further upwards.
However, if broken, UE could broke its 3 year high level at $2.80
Best Regards,
Lee Hong Wei
----- Forwarded by Lee Hong Wei on 05/12/2012 04:58 PM -----
****29/11/2012 05:59 PM
To
cc
Subject
RE : United Engineer
Good evening all,
Last post of the week, I will be on leave tomorrow and will only be back next Monday.
Meanwhile, this stock, United Engineer has very strong buying volume for the past 3 days and has recently captured the $2.60 resistance turned support level.
Fundamentally, this stock seems to be very strong too with CIMB giving a fair value of more than $3.00
My view : United Engineer is on its way to break its 3 year high of $2.80. Below is an email on an alert to tell my clients of this potential setup. In my opinion, this stock still warrants a buy. Very bullish signal was seen. A nice close at $2.80.
Good evening,
Just a follow through my last post on United Engineer.
After breaking the $2.60 resistance turned support level, United Engineer continues to move upwards and it is up by 20 cents.
$2.80 is at its historical high. This level will prove to be a resistance for UE to move further upwards.
However, if broken, UE could broke its 3 year high level at $2.80
Best Regards,
Lee Hong Wei
----- Forwarded by Lee Hong Wei on 05/12/2012 04:58 PM -----
****29/11/2012 05:59 PM
To
cc
Subject
RE : United Engineer
Good evening all,
Last post of the week, I will be on leave tomorrow and will only be back next Monday.
Meanwhile, this stock, United Engineer has very strong buying volume for the past 3 days and has recently captured the $2.60 resistance turned support level.
Fundamentally, this stock seems to be very strong too with CIMB giving a fair value of more than $3.00
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