hoarsepower

ASX - UWL Uniti Group hitting All Time Highs

Long
hoarsepower Updated   
ASX:UWL   None
Position submitted for tomorrow's open

All Time Highs
OBV Rising
RSI Bullish so will use wide-ish stop
Volume up 1.5x
MA 20/50/200 all steady towards top right of screen

Stop at 4ATR $2.49 just because I am feeling cautious and sick of getting stopped out early. Portfolio risk 0.5%.


Uniti Group Ltd. engages in the provision of telecommunications services. It operates through the following segments: Consumer and Business Enablement, Wholesale and Infrastructure, and Specialty Services. The Consumer and Business Enablement segment offers telecommunications products and services including broadband and voice services on a mixture of owned wireless infrastructure and resold fiber access networks. The Wholesale and Infrastructure segment includes design, installation, operation, and maintenance of fiber to the premises (FTTP) open access wholesale telecommunications network infrastructure operating mainly in greenfields new housing developments in broad acre residential estates and multiple dwelling units. The Specialty Services segment comprises value-added software as a service data analytics and call tracking application, as well as the leasing of phone words on these numbers. The company was founded by Sasha Baranikow and Che Metcalfe on June 13, 2012 and is headquartered in Adelaide, Australia.

unitigrouplimited.com/about
Trade active:
Also an ASX300 listed company.
Trade closed manually:
Closing all positions and going to cash. Market too bearish for my liking.

www.abc.net.au/news/2021-05-13/m...

Also looking to consolidate from many to few holdings.
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