With the current trading halt, last week's daily chart shows the first gap down for quite some time:
After submerging below the 30-day moving average for several weeks, UWL raised its periscope to draw in fresh oxygen above 1.30:
But similar to ST1, the recent price action is part of a larger bear flag (of sorts). If the upcoming announcement is for a new acquisition, it may break out of the flag - but if it's a rights issue, the flag may continue or lead to a new, lower flagpole:
With the current trading halt, last week's daily chart shows the...
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