merry christmas, page-3

Merry Christmas all.

I thought I would post where I see the direction that UNS will go from a technical point of view.

The chart below is a monthly chart of both price and volume. As you can see the volume has dropped off significantly over the last 2yrs.
My interpretation of this is that most of the week hands have sold and only the die hard patient UNS investers who understand where this company could be in years to come are left holding stock waiting for a positive anouncement like a supply agreement and the more conservative investors or lower risk investors are sitting on their hands waiting for more positive announcements and when they come they will all jump in at once and volume will spike along with price and we will rocket up through all of those resistance lines above.
1st resistance @ 0.90
2nd resistance @ 1.30
final resistance @ 1.80

Support is @ 0.50

If we break and close below .45 then we will go down and test 0.20 again but that would be worst scenario.