Donkey303, in case you hadn't noticed, dissenting opinions are not well received by the fan club.
I haven't looked at UNS for a while, but one thing that really stands out technically is that yesterdays action on the ASX took the SP below the 200 day moving average for the first time since May. It was actually a gap-down day that closed BELOW the 200day MA. For those not familiar with Technical Analysis, the 200 day moving average is a big deal. A close below it would likely cause the last bullish technical analyst( if there were any left) to finally sell.
Not co-incidentally, the SP also plunged below the 200dma on the NASDAQ last night on more than double average volume, and closed well below it. In mid-August the 200dma provided support (almost to the cent) for 6 days in a row....the fact that it has failed so comprehensively this time is, technically, very ugly indeed.
UNS Price at posting:
43.0¢ Sentiment: Sell Disclosure: Not Held