UAC : A move to 12+ is entirely possible.
April 3, 2011 Leave a comment
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.