UMC is showing higher and higher levels of support with a strong upwards bias. It is now again testing the resistance area. A breakout above this area may be imminent. 
TSMC is its major competitor (by a long shot) and is in similar industry group.
TSMC is its major competitor (by a long shot) and is in similar industry group. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.