UWL 0.00% $4.99 uniti group limited

Charts UWL, page-325

  1. 250 Posts.
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    With the current trading halt, last week's daily chart shows the first gap down for quite some time:

    https://hotcopper.com.au/data/attachments/1689/1689747-126682b9e3e7ff2052a5b3fce5c52906.jpg

    After submerging below the 30-day moving average for several weeks, UWL raised its periscope to draw in fresh oxygen above 1.30:

    https://hotcopper.com.au/data/attachments/1689/1689748-dba2f34ce50e695e596c70c351621772.jpg

    But similar to ST1, the recent price action is part of a larger bear flag (of sorts). If the upcoming announcement is for a new acquisition, it may break out of the flag - but if it's a rights issue, the flag may continue or lead to a new, lower flagpole:

    https://hotcopper.com.au/data/attachments/1689/1689754-194d487c5278c8d92afc88a9599dc510.jpg




 
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Currently unlisted public company.

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