UNI 0.87% $8.16 universal store holdings limited

$3.60 broker 9mth target - trading at 1.04c..., page-2

  1. 5,673 Posts.
    lightbulb Created with Sketch. 2896
    Again, thanks to all who have been doing great research the last couple of days. Much appreciated.

    I put the price down to the bot, and general market uncertainty, however believe the bot in particular is keeping a lid on it. It's been said before, but this is a good thing - whoever is operating the bot, and there could be more than one at work, they see the value at these levels and are keen (desperate?) to get as much as they can while they can. Sadly for them, the bot is like the boy with his finger in the dyke. Because Unilife is a company on the move, with so much positive news and expectation on offer, pressure is building to the upside and sooner or later it will overwhelm the sellers - irresistable force meeting and immovable object and all that.

    So for me, no worries. Technically we are also building a nice strong base above a dollar. Interestingly the Coppock has also kicked up strongly in the past two days, even though the price is 'apparently' showing weakness.

    Don't sweat the small stuff...
 
watchlist Created with Sketch. Add UNI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.