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Is UBS set to breakout? NR7 shows up after advancing 1.76%
UBS posted a 1.76% gain on Friday, August 7th, accompanied by 0.9× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 53.5, 53.23 & 53.02, with resistance at 53.98, 54.19 & 54.46.
Current SwingTradeBot Technical Rating of UBS: A
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