is unx going to run soon?, page-41

Well spotted with PDN lads. That looks set for a bounce also.

There was some nice late buying today also with UNX and the weekly chart has finally woken from its slumber & is looking good for the first time since early Feb.

There was selling pressure starting with the widespread down bar (marked on the weekly chart below) as it neared the lower trend line. However as the next day was up, it seems this confirmed that the high volume down-bar contained buying (absorption of the selling) for the market to have gone up the next day. This now seems to be a sign of strength.

I wonder how long this phase of accumulation will go ahead? will the newly created support line hold? ohhh the joys of holding UNX! lol