UMS – [ Caught The Downside Since April , 3 Simple Reasons For The Turn, Read On ]

17th May, 2018, 9:54 PM

UMS – [ Caught The Downside Since April , 3 Simple Reasons For The Turn, Read On ] UMS 17th May 2018

Chart Source : Poemsview 17th May 2018

UMS a stock that was on our shorting list back on 27thApril. We were closely monitoring this electronic related counter  at $1.07  as it started to show signs of weakness.

3 Simple Reasons Why It Turned Down 

  1. It couldn’t break the downtrend line which we drew back on 27th April
  2. It broke our horizontal support of $1.07
  3. The moving averages were starting to slop downwards

With our simple analysis we alerted our EXCLUSIVE CLIENTS regarding UMS.

As they say, the rest is history. UMS has fallen to the 200ma as Blogged for all to see, BUT as there was an xd, our downside target has been shifted to $0.99 instead, just one more pip.

Want to know more about our Simple Strategy which you can apply daily in the stock market?

Then our next event is FOR YOU!

Join us on 23rd May as we share our market outlook for the next few months and our simple strategy which we use every single day.

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Yours

Humbly

Kelwin &Roy

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