Short Term Trading Week Starting: 17 June, page-8

STTCOMP UWL TA LONG

Haven't tipped in a while, so likely rusty. I'll try a TA one.

UWL, been showing strength last week. Broke into highs on good vol. There was a $217K buyer at 127.5, that is not ordinary money. Its either a broker that is willing to support it, or inside money anticipating acquisition.
Vodafone founder is running the ship, did a raise at $1 to cash up for a further company making acquisition.
Not the cheapest, but nothing coming out of the raise by the looks, market could run this from acquisition anticipating and premium for Vodafone founder being on board, he bought a bunch recently at $0.96. Telecomm space is hot DUB has done well, 5GN running still, VOC T/O offer recently.

The tough part of the tip is will this do 25% within 4 weeks?
25% moves are easier on specs will be interesting if this can do it. Hoping for a similar move as the breakout in May.



Similar Pivot breakout to ANO and PNV seen here




Cheers