UNITED U-LI CORPORATION BHD

1 mag 2019

The price is showing retracement, but before the market closed on Tuesday, the price suddenly went up at after 4pm. This could means that there are someone who is supporting the price from being drop further. You may consider to enter at about 0.66 if there is another green candle on Thursday. But for safer traders, can monitor first before enter, if the price drop further, there is another entry point at 0.61- 0.62. Cut loss we can set at the previous support which is at 0.57. We can consider to take profit at 0.7 which is also the previous resistance.

*Trade at your own risk*