I'm seeing a nice long position for UMC developing.
Technicals:
- RSI in pennant in the oversold region.
- Price forming a falling wedge, falling into the support of the inverted cup long term support.
T1 Jun15-Aug15: 2.38
T2 Jun15-Dec15: 2.60
Technicals:
- RSI in pennant in the oversold region.
- Price forming a falling wedge, falling into the support of the inverted cup long term support.
T1 Jun15-Aug15: 2.38
T2 Jun15-Dec15: 2.60
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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.