I've been watching for a while and I know it's getting ready to do something, but I just don't know the optimal way to play it. So I'm just watching for now.
This is my Technical analysis on UONEK based on my opinion and outlook of the market. This should not be used as financial advice, deciding on market predictions, this is intended to be used for educational and entertainment purposely only. I am not a financial advisor, stock broker, etc. This space is simply to learn and grow with the community and keep track of...
There is a good trend on UONEK about chasing the 6.42 again.
scaled in today again since the trade is going in my favor. average at 4.3
$UONEK pivoted from its $3.50 support level, surging with a +17.73% intraday action which exceeded beyond its 3-months average implied volatility over 60%. Its price peak of the year was traded just two weeks ago, establishing a high of $5, and closing at $4.60. 52 weeks high of $UONEK was last traded at $6.84, on 17th June 2020. This price level is currently...
Description: UONEK is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $1.7 - $1.9 2. Take profit: $2.63 3. Stop Loss: $1.54 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 57%
Urban One, Inc. is a multi-media company, which engages in the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists...
Short term Potential Up Trend to 2.55 area Success 70% Strong Support @ 2.3 Next support line @ 2.05-2.1 area Very very strong support @ 1.75 This is a One-step UP, Two-step DOWN. There is money to be made here, but be careful!
Im just thinking about how bad I missed that chance to get in from June 15th... lol Still learning.
Watch support and resistance levels for short term potential gains. Beware of the possibility of a trend reversal if passes support. High-risk trade. Watch technical indicators such as CCI as well to help guide entry and exit points.
Urban One, Inc. is a multi-media company, which engages in the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists...