UPC We have a Pendant!

NASDAQ:UPC   Universe Pharmaceuticals Inc
If you look at my last post on UPC way back in April then you will see that I said UPC appeared to be accumulating for a sustained move up. It was a bearish phase for a bull break out. This is still my thesis and I believe prior levels are still in play. I believe that UPC will retest all time high levels and that this stock will be trading in the lower single digits in the not too distant future. The company has a strong marketable demographic in China, is expanding partnership with a Japanese company, and is rolling out new products. Over all the stock appears to be a sound short term and long term investment.

This is of course all speculation. Do your own due diligence. Not financial advice.

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