Hunter, you have to agree UGL held up well over the last few days, above the critical $13, especially yesterday on such a down day. Weekly chart looks good, with last week candle a doji, a possible reversal of the slight retracement we had from the $15.20 mark. So yes, next target $15.20 and a 2nd attempt at this resistance.
The DOW may stunt this somewhat over the next few trading days, but I reckon crude will start coming back shortly, back to the $100 - $110 range. This is the current drag on the DOW.
My opinion, hold above $13. Of course DYOR.
I hold.
Adz
- Forums
- ASX - By Stock
- adzman1:you are a legend
Hunter, you have to agree UGL held up well over the last few...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UGL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online