Looking at today's trading pattern there is no heavy selling....it has held up in the $1.65-$1.72 range for the second day in a row....this is looking to build and accumulation seems apparent...
Being reasonable, $2 within 2-3 weeks is certainly not far-fetched idea......however to get $3 we will need a good JORC report in early June...
It looks that this share should stay in the $1.65-$1.85 range for at least the next week or so....may be a good time to accumulate for those who can hold for at least a month or so...
DYOR
Solely my personal opinion - do your own research!
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held