UAC : A move to 12+ is entirely possible.

UAC faces some risk if it falls below 10 for even a short period of time and is not quickly supported, and could come off to 8.70-8.80 without any trouble at all, such is the risk inherent in stocks that are open to quick moves due to their low volume nature.

If 10 holds, then it will probably have another go at last week’s high at 11.10, from where there is little to stop a ramp to 12. It’s a high risk punt but certainly has potential to rally another 20%, if not more.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: