CyberNV
Long

$UMC Double Divergence Play

NYSE:UMC   UNITED MICROELECTRONICS CORP (NEW)
UMC
39 0 1
umc
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 on another.
Trade active: Still looking for test around 2.10. this will probably turn into a two trade opportunity. Will evaluate once target is hit and will see how volume is around the 2.25 area..... Could be nice slow movement up from here.
Comment: Still active. I re evaluated price action. I am playing on the cautious side and changing target to the .618 retracement...
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