UOB

1/9/2011
 - as mentioned earlier, UOB has really make a re-bound at 17.80 support level and move up with great volume
 - it subsequently break the final resistance at 18.80 and heading towards 20.00 mark
 - however, STI has show some weakness in last friday's trading may suggest some profit taking is in place
 - 18.80 resistance turn support has to be hold before it can continue march towards 20.00 mark

 - UOB is resting at its resistance turn support of 17.80 well
 - It has been trading in oversold region for a week now
 - a rebound from 17.80 is possible
 - immediate resistance to watch for is at 18.80 (a minor one) followed by 20.00