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
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.
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
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
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
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
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
Subject: ****** UMS: Approaching the key resistance, may see some actions soon, price 0.635
For illustration purpose only
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