UWL 0.00% $4.99 uniti group limited

The last fortnight's price action reinforces an existing...

  1. 250 Posts.
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    The last fortnight's price action reinforces an existing ascending channel over the last few months. While there are certainly days with volatile intraweek rises, the broader trend is one of steadily rising weekly gains. This is how things look on the weekly chart:

    https://hotcopper.com.au/data/attachments/1833/1833660-2b9619d8452cc2fd2edfb4b0b527fa86.jpg
    Onto the daily chart, there has been a bounce off the 50-day moving average (blue line):

    https://hotcopper.com.au/data/attachments/1833/1833663-5615c525a6e44b8495855f2cf5fba50a.jpg

    A doji on November 7th has signalled a trend reversal to the upside:

    https://hotcopper.com.au/data/attachments/1833/1833672-61de5c3a7e5d7154ea9ea95977509d32.jpg
 
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