Monday, March 13, 2017

UMS: Testing 0.800 real soon, price 0.79... following it all this while like a hawk.. More strength?

Had been following this counter since the beginning of Feb 2017, when it started showing signs of strength.

Following up from previous calls, we have seen the temp resistance at 0.74 clear out as well and looks set to test the 0.800 next.

Moving averages are still looking positive with the uptrend continuing as long as 0.75 holds now.

More importantly, we did had a 1ET AND 1GT bullish signal on the System just before its ascent in Feb. Is there an exit? PTI grads can check. J 

We may see some profit taking before the ride continues.

Feel happy to see the arrows drawn on the chart below, before anything played out. The price has now exceeded those initial targets.


Recent Emails:

Sent: Thursday, March 09, 2017 9:32 AM
Subject: ****** UMS: Still holding above 0.700, price 0.735

Sent: Monday, March 6, 2017 10:32 AM
Subject: ****** UMS: Clearing above 0.700 a good sign.

Sent: Wednesday, February 15, 2017 9:54 AM
Subject: ***** UMS: Uptrend intact to ride, price 0.695

Sent: Tuesday, February 14, 2017 9:11 AM
Subject: ***** UMS: Uptrend intact to ride, price 0.685

Sent: Monday, February 06, 2017 9:58 AM
Subject: ***** UMS: Still trying to reach higher, price 0.655

Sent: Friday, February 03, 2017 4:46 PM
Subject: ****** UMS: Some actions seen, price 0.645

Sent: Thursday, February 02, 2017 10:08 AM
Subject: ****** UMS: Approaching the key resistance, may see some actions soon, price 0.635

For illustration purpose only

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