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Is ULS ready to make a move? Narrow Range Bar shows up after slipping 0.3%
ULS posted a 0.3% loss on Friday, August 21st, accompanied by 0.0× normal trading volume. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 74.42, 73.8 & 73.23, with resistance at 75.6, 76.17 & 76.79. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of ULS: D
There’s more where that came from. See all of today’s signals for ULS here.
Read full article here »