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Is UMC likely to continue lower? 180 Bearish Setup shows up after rising 0.48%
UMC finished higher by 0.48% on Friday, July 31st, trading 1.0 times its typical volume. The session formed a 180 Bearish Setup, often signaling a possible continuation. Key support levels exist at 18.54, 18.05 & 17.28, with resistance at 19.8, 20.57 & 21.06. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of UMC: B
This might just be the start. See what else showed up for UMC today.
Read full article here »