NASDAQ:ULTR ULTRAPETROL BAHAMAS LTD
The ULTR chart makes me in the near term for three reasons. First, the has been making higher lows since the beginning of the year. Second, it has broken out of the downward channel that has been in place for the last year and a half. Lastly, it is also developing a pattern. I am looking for the to eventually break .45ish on strong . Because, on a macro level, the is still in a downward channel, I am looking to take profits near the top of the macro downward channel, around $2.