You can see from my projection I am expecting price to move over the $2 mark. Look for the MACD to turn. There is Divergence on the MACD and RSI. it looks like it had finished a Inverted Head and Shoulders Pattern around Feb. follow the Volume. Looks like this could be the end cycle that would finish the shoulder ...
macd crossed/diversify between industries with low price/note once a year dividend/cci and percent r upper range important/relative strength good/use limits/adx trending/target cloud/stop loss close below 8 ema
I'm seeing a nice long position for UMC developing.
- RSI in pennant in the oversold region.
- Price forming a falling wedge, falling into the support of the inverted cup long term support.
T1 Jun15-Aug15: 2.38
T2 Jun15-Dec15: 2.60