UFS momentum out of bottom

After the sideways correction from 42 to 37 on low vol momentum and vol came in with a rally setting a new higher high. UFS             is currently pulling back and there is potentially strong support in the 42.5-43 area with the prior high, the 38.2 retracement and the monthly R2 aligning nicely. Overhead there is strong longterm resistance at 50-52 which can be used as a price target with the measured move pointing to the same area. Enter if the support holds and the intermediate term trend changes upwards.

Related Ideas

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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