A buddy and I were just examining the time axis for UGL and noticed a rough 90 day period for price movement. UGL took the big hit in mid Feb so a move in mid May for work in nicely. This would also tie in with your TA pointing to a pullback. It often amuses me how these things seem to work out for some stocks.
So I'll stick my neck out and make a predictiion (which BTW I almost never do...but I'm bored)....Weekend analysers will push price higher on Monday and then price will retrace by end of week.
UGL Price at posting:
0.0¢ Sentiment: None Disclosure: Held