Expecting a sharp and potentially very decent rally any time now then possibly another grind lower to complete the 5th wave and bottom.
Very likely everything will move up from these incredibly oversold levels.
UMC to $1 again?. Expect decent news prior to the AGM and those oppies.
and for the conspiricists: now the SP has been decimated those pushing it lower to facilitate acceptance of the oppies (in an announcement vaccuum of course) can now leave off, unless of course THE buyer isnt set (how could you not be?) prior to some form of MOU.
UMC Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
