UMC At bottom of inv cup long term support
I'm seeing a nice long position for UMC developing.
Technicals:
- 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
Technicals:
- 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
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