UWL 0.00% $4.99 uniti group limited

For the week in review, UWL is following a similar pattern to...

  1. 250 Posts.
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    For the week in review, UWL is following a similar pattern to ST1, where both stocks are trading in (or around) their EMA ribbons:

    https://hotcopper.com.au/data/attachments/1672/1672089-27171f19b6585f79b78eaa531aa0f161.jpg

    The weekly chart shows the second spinning top in a row (and the third in four weeks). In saying that, a trend of rising lows has also emerged in the last few weeks:

    https://hotcopper.com.au/data/attachments/1672/1672134-c4c70ad634dafe0192687ebbb645b2ba.jpg

    The Bollinger Band Width is now 0.27. It hasn't fallen to that level since early May, and back then the price was around 0.50. In mid-June and mid-July, the BBW went low, but not as low as last week. Rallies have followed low (or very low) BBWs two-thirds of the time.

    https://hotcopper.com.au/data/attachments/1672/1672131-e8ce377dfc92ecf495e925ba08c59b83.jpg

    Politically speaking, the Australian Financial Review had this to say about Communications Minister Paul Fletcher and the NBN:

    "Of course, one way NBN could prepare for the threat from mobile substitution is to lift the speeds on its network to the sorts of levels found in other countries such as 250Mbps and sell these services at lower wholesale prices. But in doing so it would only accentuate the fact that several of the NBN’s technologies could not cope. This would expose Fletcher to a tricky political problem of consumers in different electorates being offered vastly different broadband services."

    I doubt that UWL would have this kind of political or technological baggage to deal with.
    Last edited by volcanic.eruption: typos 04/08/19
 
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