UMS – [ Target Reached, Heavy Selling, Will It Continue? ]
Chart Source : Poemsview 22nd May 2018
UMS as previously blogged about its downside at $1.07 saw it smashed through its 200 days moving average to take it to a day low of $0.97. A nice trade if you ask us.
Heavy volume can be seen today as the volume surpass the previous few months.
While other electronics stocks like Venture and valuetronics saw some rebound, UMS took a beating and tumbled down.
Our next possible downside target might be at around the $0.95 area. Failing to this might even see $0.925.
We will continue to alert our EXCLUSIVE CLIENTS about the move. Remember your trailing stops.
Interested in Knowing how our simple strategies can be applied to the markets to gain that competitive edge?
Then 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.
http://singaporehumblestock.com/seminar/market-outlook-sharing-engagement-second-quarter-2018/
Donโt miss this chance to learn from our TOP TIER Remisiers Kelwin & Roy asย they take you through their daily set ups and insights of the market.
Yours
Humbly
Kelwin&Roy
