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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out