UMS – [ Breaking Out After A Rest, Where Next? ]
Chart Source: Poemsview 24th March 2021
From our previous post on UMS , it took a short break after moving up for 7 trading days. It broke out from its $1.28 resistance and closed above it which is a good sign. Volume also increased which might suggest that the next move up might be in place.
If UMS manages to stay above $1.28 then some upside target we are looking at are $1.32 then $1.38.
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Yours
Humbly
Kelwin&Roy
