deger
Short

Time to ditch Universal American Financial

NYSE:UAM   UNIVERSAL AMERN CORP NEW
UAM
9 0 0
uam
On the daily chart , Universal American Financial stocks showed a double top at USD 9.27, with the pattern shaping up after a powerful counterattack signal on October 31, 2014. Stocks tend to slide in the wake of this signal. The Monday session is closing with a shooting star on the upper boundary of the pattern, a perfect time and place to short the name. Divergence in RSI adds confidence. Short selling with a target of USD 8.56, the nadir of the pattern, is possible. A breakout from the pattern at this mark would pave the way for a classical formation with a USD 7.85 target.

My forecast participates in the Market Forecaster contest. Follow the link
http://s30548462907.whotrades.com/blog/43587230683
to vote for it and help me win the top prize. Thank you.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out