UMS – [The Downside Came]

UMS – [The Downside Came]

Chart  Source: Poemsview,  Date (30 Nov 17) UMS 30th Nov 2017

From our previous post just last night UMS broke its support in the morning as expected and made a downside move to our support of $1. A nice 5% movement down. Where to next? If 0.995-1 breaks this would spell more downside for UMS. So we’re keeping watch using our poems CFD.

Yours

Humbly

Kelwin&Roy

UMS – [More Downside? ]

UMS – [More Downside? ]

Chart  Source: Poemsview,  Date (29 Nov 17) UMS 30th nov 2017

Ums is an electronics play has had some pullback recently. It has pullback to our horizontal support  The 10ma which is a faster responding moving average is currently sloping down.

We’re looking at the $1.07 as the current support and if that breaks we might see it move down further. Want to know where it might head to? Do drop us a message and we’ll be glad to explain more. Getting your CFDs ready would be good.

Yours

Humbly

Kelwin&Roy