OUE – Potential Breakout Seen Today

2016dec-oue-800x449

 

 

9/12/2016

  • Since Sep 2016, OUE has broken out of its 200D moving average and has formed a nice based above its 500D MA.2016dec-oue-800x449

 

  • Last week the stock found support above its 20D MA forming a tight band.

 

  • A breakout above 1.82 today signals further upside with a support level at 1.755.