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UNITI WIRELESS potential move to 81.5c $UWL, a recent IPO listing in the wireless telecommunication space has shown strength over the past few weeks with the first wave moving the stock from a 17.5c base to a 43c high (+146%) before consolidating on declining volume and running a further 60% from 42c to 67.5c, volume is again dropping off as the prior move is consolidated at circa 55c which sets up a potential third wave with a target of 81.5c (+48%) The company have made one acquisition since listing a few months back and have recently attempted another as their strategy to become a major wireless internet provider takes shape. The company have also attracted some notable investment from industry veterans such as Philip Cornish, founder of Vodafone Au Support at 43c (or -22%) has been prior resistance therefore becomes the SL point for this trade concept which gives the trade a risk reward ratio of 2.21
ULong
by Michaeljob
11
LOV TRYING TO BREAK THE DOWNTREND?LOV has broken a lower degree downtrend and it seems trying to break the second one. Let's see how it develops. A strong breakout of the lower dotted line can invalidate this setup.
LLong
by cantestogo
1122
…999999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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