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UMA
Long

Possible Breakout

364
UMA has been consolidating for a while now and forcefully rejected an intense downtrend. If it closes the day above ~10.24 we could see a sustained upswing. Technicals are signaling close to overbought though, so the risk would be another correction to the bottom the trend-line. Watching this one to see what happens. What do you think?
cjkoepke
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
cjkoepke
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.