UNV 0.00% 16.0¢ universal coal plc

Mar Qtrly, page-76

  1. 4,708 Posts.
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    Fair points but i would argue it depends on your time range. In the short term to me it has clearly failed on a double top to break out of 14 and repeats its pattern of then heading down. If you extrapolatr to more of a weekly price mvts chart timeframe the General sp has still continued an up down,up down but generally upwarfs trend following its drop from the 60cps days....

    Personally I find it hard to label it a trading range the size of 1/3 of the share price 9-14 cents. That feels like almost calling santos trading range of 7-13 dollars.... Over a long timeframe it will look more like a range but short term wise the trend was downhill from 10 dollars To 7...
 
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