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LeLaf

UMC: Ascending triangle, awaiting confirmation

Long
United Microelectronics Corporation (NEW) (NYSE:UMC)  
LeLaf  
NYSE:UMC   United Microelectronics Corporation (NEW)
Technical Indicators Chart Patterns Trend Analysis
5
0
indicator chartpattern trendanalysis
Ascending Triangle, May confirm tomorrow
Pros:
Descending volume during formation
Volume at break out
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
250RSI above 50
200MA ascending

If confirmed:
PT = 12.61$

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