Highly recommend reading Stan Weinstein's book - Secrets for profiting in Bull and Bear Markets
Whole entire book is worth it's weight in gold.
He argues one of the best if not the best reversal pattern is the inverse head and shoulders. In my opinion UVV is setup beautifully and has just broken out of the "neckline".
Further, stock is healthy - price trading...
I like this stock because:
Nice breakout of an ascending triangle.
Very strong candle with good volume.
When you see that the stock is consolidating for weeks with low volume and then you see a nice strong candle with good volume that broke a pattern , this is normally a good sign on the upside.
There is a good potential for that stock to go higher.
