Hi Hunter,
I was lucky enough to get in on the March lows and it has been a good ride so far.
Daily chart shows sp is nearing resistance around $15.15, maybe a pullback is on the cards. Weekly shows price recovered well to above 29wk MA (I use 29 weeks as comparable to 200day mA), great news but I am now dubious as last week a doji candle formed.
Doji near resistance is not good. Other indicators also show pullback may be on the cards (MACD, Williams, RSI).
Looking for direction from the DJIA given it is sitting right on support.
S/term, maybe pull back to $13.
Long term, its a great stock and no doubt will get back to ATH's
- Forums
- ASX - By Stock
- UGL
- off the radar
off the radar, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UGL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online