$UOB (U11.SG)$ will it too late to buy in?

Deep Sea : Too expensive to buy in now.

Deep Sea : Risk is high. Buy high sell high. Margin of safety is low.

105336001 : Don’t chase the stock.

Deep Sea 105336001 : u are right.

_MK_Watcher_ : Truly understand the disturbing temptation to chase the price along the rise, especially when seeing it increases day by day and no indication of retraction. Technically speaking, for any entry, at high or low points, it is always a good practice to do a weigh and balance to determine how much success margin you have and how much risk you can stomach. Definitely, there is no counter that goes up continuously in a straight line, it will pull back at some points of time for some (or even no) reasons. At this rate of climbing, gravity of fall will be furious when market turns bad. (you can see the magnitude of those red candles from any historical charts when price falls).
Through experience, highly suggests, whenever possible, to wait for its major retraction for more rewarding gain. Without fail and repeatedly, the retraction will happen after it tests one's patience enough.

102621256 _MK_Watcher_ :