ABCD Bearish Formation on UPC?

NASDAQ:UPC   Universe Pharmaceuticals Inc
Hello Investing Neighbors,

Just a follow up to yesterdays (April 6, 21) post. It looks clear to me that a bullish ABCD pattern is setting up on UPC. UPC has little upside outside of that massive squeeze on the 29th of March. It has now retested lower levels and consolidated sideways over a few days and over the timeframes in the other charts. Worth a watch.

For education and entertainment purposes only. Not investment advice.

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.