Possible wedge breakout. Retest 10.13/10.66-new support levels PT Range 11.00-12.00 9.50 Entry Options buy - Feb 19 2021, $10 Call United Microelectronics Corp. engages in the semiconductor foundry business. It offers complementary metal-oxide semiconductor (CMOS) logic wafers, mixed signal wafers, radio frequency complementary metal-oxide semiconductor wafers,...
Ascending Triangle, May confirm tomorrow Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 250RSI above 50 200MA ascending If confirmed: PT = 12.61$
this stock has been so bullish recently, and it shows some pullback entry today.
I like that this stock refocused on smaller semiconducters that power stay at home electronics like smart speakers,smart screens, smart home security devices, etc.I like that this stock refocused on smaller semiconducters that power stay at home electronics like smart speakers, smart screens, smart home security devices. A big catalyst could be that EV cars will...
NYSE:UMC Possible Scenario: LONG Evidence: Price action TP1~ 9.5 This is my idea and could be wrong 100%.
There is a lot of volume moving into this foundry play on the toshiba news. pink indicates gap channels support/ resistance along the way. Likely to see some consolidation here until we get more news, perhaps a easy move to $12 for ER. Personally I am eyeing an entry in this at $7.66, thoughts? NOT advice just what I see!
Ascending Triangle, Confirmed ATR Climbing 250RSI above 50 PPS above 50MA and 200MA Price Targets PT1 = 2,96 (Filled) PT2 = 3,19 (Filled) PT3 = 3,57 (Filled, may fill again) PT4 = 3,80 Bonus PT5 = 4,17
Meaningful signals are arguing for buying and short selling....gotta be neutral
• UMC • Why enter? Closing over 5ema showing short term strength. Bull flag on the daily chart. • Entry: 2.68 • Stop loss: 2.66 (-.07%) • Profit target 1: 2.80 (4.47%)
You can see from my projection I am expecting price to move over the $2 mark. Look for the MACD to turn. There is Divergence on the MACD and RSI. it looks like it had finished a Inverted Head and Shoulders Pattern around Feb. follow the Volume. Looks like this could be the end cycle that would finish the shoulder on another.
macd crossed/diversify between industries with low price/note once a year dividend/cci and percent r upper range important/relative strength good/use limits/adx trending/target cloud/stop loss close below 8 ema
I'm seeing a nice long position for UMC developing. Technicals: - RSI in pennant in the oversold region. - Price forming a falling wedge, falling into the support of the inverted cup long term support. T1 Jun15-Aug15: 2.38 T2 Jun15-Dec15: 2.60