Monday, April 11, 2016

UMS: Can the 0.600 eventually give way as mentioned.... price 0.595....

Congrats to some who managed to lock in some positions 2 weeks ago…

Sent: Thursday, March 31, 2016 11:28 AM
Subject: **************** UMS: Potential breakout play above 0.58. More upside likely above... price 0.565
UMS has traded back to the key resistance at 0.58 which it has traded below since Aug 2014. Any firm breakout above this 0.58 – 0.60 level can potentially put an end to the sideways consolidation phase and see a trade to 0.65 next. Need more volume confirmation along with other indicators. Let’s see when the 0.58 clears out, alert set. Wait !

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