ASX and overseas markets are looking shaking with high oil prices and low consumer confidence....UMC has risen a great deal over the past 2-3 months - expect UMC to drop to the mid $2.30-40s this week before it will head northwards as we approach a soon to be released JORC ann - its anyone's guess as to when?
May be some good levels to accumulate more before it heads northwards
My opinion...make up your own mind.
