UWL 0.00% $4.99 uniti group limited

The week's trading action is almost back to square one. Having...

  1. 250 Posts.
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    The week's trading action is almost back to square one. Having opened on Monday at $1.48, a 5 per cent daily gain saw Tuesday opening at $1.60 - the highest daily opening since July the 3rd. Prices remained at this level for a little while, but Friday's close of $1.48 suggests this was a false breakout:

    https://hotcopper.com.au/data/attachments/1746/1746548-06616903a601abf04558b5330d370c1d.jpg

    For those inclined to keep holding, the weekly price chart shows a continued rising trend, with intraweek lows steadily rising. Last week's intraweek low - as well as its intraweek close - were at the highest levels for several weeks:

    https://hotcopper.com.au/data/attachments/1746/1746551-4ab883ec32aa13c9e611706d7b6e6e7a.jpg

    Last week's trading action also shows that weekly volumes reached over 5 million, for the first time since mid-July. This is part of a rising trend in weekly volumes:

    https://hotcopper.com.au/data/attachments/1746/1746556-c096082ab0efc93a3813588309d26041.jpg
 
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