UMS Stock Code 558.SGX
Outlook
Price formed a potential hammer reversal candlestick pattern at its previous low support zone yesterday. The RSI is at the oversold zone, hinting at potential rebound ahead. These could increase chances of the stock price to have a corrective rebound from this support zone.
Strategy
S$1.04 Buy
S$1.14 Price Target
S$0.99 Risk Management Stop
3 weeks Trade Duration
