Decades-long trendlines of UOB (U11.si) for value investors

For future reference

I would pay special attention to red line in the middle that connects 4 turning points. With 4 points, this could be a high-probability support that market would be looking out for. For long term investors willing to wait for crisis lows for some value investing, if UOB corrects to red line it would be trading at slightly over 30% discount from current price.

UOB monthly candlestick and line charts going back to 1997

UOB monthly candlestick and line charts going back to 1997

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