UIS Break Out TradeUIS 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.
Trade ideas
$UIS Breakout/Pullback Setup$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
Unisys Announces First-Quarter 2020 Contracts with New and ExistUIS: 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
Unisys Announces Range of Key Public Sector Contract Wins AcrossUIS: Unisys Corporation
2020-02-26 08:00:00
Unisys Announces Range of Key Public Sector Contract Wins Across the Globe
Unisys: Long-term Sell opportunity.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 its 81.500 - 83.000 Resistance Zone after the formation of a Golden Cross. The price of the stock makes a top, a few days after the RSI hits that Resistance level. What follows after is a strong and lengthy decline (around 1 year) towards the 6.45 - 6.70 Support Zone.
This pattern appears to be cyclical and has been in effect since 2016. Since Unisys' earnings are end of February (2020) we may be seeing that top then near the 21.00 Resistance. Our advice to sell then and take profit on any level you feel comfortable towards the 6.70 Support.
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Unisys Announces 3Q19 Results; Revenue Growth and Margin ExpansiUIS: 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
Unisys Announces U.S. Contract Wins Across Key Industry SectorsUIS: Unisys Corporation
2019-08-13 08:00:00
Unisys Announces U.S. Contract Wins Across Key Industry Sectors
UIS mulitple levels of supportlooking 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.
