With recent news of OUE ltd where there is potential buyer of Mandarin Hotel and Gallery Hotel, OUE price shoot up nearly 10% in just a week. Now we see that the price of the stock is piecing through the long term downtrend line. We see that this might be a good time to look at this stock, today OUE closed $2.91, stoploss can place below $2.80, where the stock breaks it's support. Mid-long term.
Check out OUE's News
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1226887/1/.html
regards,
Andy
www.andy-yew.com