Okay, here's my take - since the dump on 10 December with a resultant low of 83.5, we're now at 95.5, with a gap up yesterday on the open. This gap up and higher close saw us break the short-term downtrend from the 30 September high of $1.38, and honour the long-term uptrend commenced on 12 August.
Last week saw us back above the 100 day MA after tracking just below for the past 3 weeks. Incidentally, this was the first fall below the 100 day MA for over 9 months - didn't last long, did it?
In the same period we've never looked like dropping below the 200 day MA. Finally, the good old Bollie Bands are on a squeeze and looking like opening to the upside. Seems to me pressure's building and it's sayonara to the naughty 90's...niclou, 64, Booster, or anybody else, if you could post the chart, I'm a bit of a gumbie and don't know how!
UNI Price at posting:
96.0¢ Sentiment: Buy Disclosure: Held
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