Hi all,
ULVR looking very attractive at the moment, as a triple bottom has formed from prior resistance around 3700 GBX.
I see this as a floor and any touches over the coming weeks will be a good chance to accumulate the name.
Could see Volume resistance around 4300 GBX
We can see a wedge forming with long-term dynamic support and recent downwards resistance too.
Any impulse and pop above the wedge should bring us back to ATHs with 40%+ gains.
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
ULVR looking very attractive at the moment, as a triple bottom has formed from prior resistance around 3700 GBX.
I see this as a floor and any touches over the coming weeks will be a good chance to accumulate the name.
Could see Volume resistance around 4300 GBX
We can see a wedge forming with long-term dynamic support and recent downwards resistance too.
Any impulse and pop above the wedge should bring us back to ATHs with 40%+ gains.
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Nota
Yearly downtrend was broken last week. This is looking continually bullish back up to multi-year downtrend. Hoping we can push past those levels also!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.