ASX and overseas markets are looking shaking with high oil prices and low consumer confidence....UMC has risen a great deal over the past 2-3 months - expect UMC to drop to the mid $2.30-40s this week before it will head northwards as we approach a soon to be released JORC ann - its anyone's guess as to when?
May be some good levels to accumulate more before it heads northwards
My opinion...make up your own mind.
expect umc to fall before it rises again
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