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The married deal was probably by the UOB chairman or one of his related vehicles/companies. The stock is well supported (fundamentally) at 1.40 and should rebound next week. TA shows an overbought (Williams 14-day).
Married deal of 1.666 mil. UIC share at $1.42 in the first few min. of trading and I expect the px to move up. But it went the other direction and closed at $1.39. on vol, of 3.1 mil.
Is this the indication of no support and likely of going south. Can some guru out there enlighten me. Thanks you.