Get started
saltysaver

UMC $7.66 entry to $12

Long
United Microelectronics Corporation (NEW) (NYSE:UMC)  
saltysaver Updated   
NYSE:UMC   United Microelectronics Corporation (NEW)
Trend Analysis
3
3
trendanalysis
There is a lot of volume moving into this foundry play on the toshiba news. pink indicates gap channels support/ resistance along the way. Likely to see some consolidation here until we get more news, perhaps a easy move to $12 for ER. Personally I am eyeing an entry in this at $7.66, thoughts? NOT advice just what I see!
Comment:
watch the pink dot, holding here. was previous major resistance, could become new support
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.