UIS broke out, despite a correction in the markets. It has built a multi week base in the context of an accumulation phase, and now possibly is breaking out into a phase 2 Uptrend.
$UIS breakout, pullback and bounce setup. Inside day today on a nasty market selloff. This stock had 16 straight up weeks in a row. SIXTEEN #TAPLOTWL
UIS - great value at current prices. i will buy more.
UIS: Unisys Corporation 2020-04-29 07:55:00 Unisys Announces First-Quarter 2020 Contracts with New and Existing U.S. Clients Valued at $200 Million
UIS: Unisys Corporation 2020-02-26 08:00:00 Unisys Announces Range of Key Public Sector Contract Wins Across the Globe
UIS made a massive +60% weekly rise after it agreed to sell its federal government contracting division to SAIC for $1.2 billion. The result technically, was an extremely overbought 1D chart (RSI = 80.509, MACD = 0.480, ADX = 39.766) with the price approaching the 21.00 Resistance (Since September 2018). There is an interesting technical pattern when the RSI hits...
UIS: Unisys Corporation 2019-10-29 16:01:00 Unisys Announces 3Q19 Results; Revenue Growth and Margin Expansion Continue; Company Increases Full-Year Non-GAAP Adjusted Revenue Guidance
UIS: Unisys Corporation 2019-08-13 08:00:00 Unisys Announces U.S. Contract Wins Across Key Industry Sectors
looking for pullback to 13.5. $12 has 3 levels of support from rising trend line and weekly charts and fib retrenchment broke out of from the regression and the 20ma with large volume.
Yeah so simple story people: UIS is a volatile stock that went up 20 percent because of good earnings. boom. done. end of story. Long or short? dunno yet. It could drop from today's highs or it could fly higher on heavy volume. so watch out for it during the market open. comment on where u think it will go and follow me for idea alerts! happy trading!