UMS – [ UP 8%! Good Start To The Chinese New Year!]algo investing.com/wp-content/uploads/2019/02/ums.png” alt=”UMS 8th Feb 2019″ width=”970″ height=”556″ srcset=”http://algo investing.com/wp-content/uploads/2019/02/ums.png 970w, http://algo investing.com/wp-content/uploads/2019/02/ums-300×172.png 300w, http://algo investing.com/wp-content/uploads/2019/02/ums-768×440.png 768w, http://algo investing.com/wp-content/uploads/2019/02/ums-600×344.png 600w, http://algo investing.com/wp-content/uploads/2019/02/ums-708×406.png 708w” sizes=”(max-width: 970px) 100vw, 970px”>
Chart Source: Poemesview 8th Feb 2019
UMS had a great start after the Chinese new year and moved up to reach our second target of $0.665.
Since our entry in late January when UMS broke above its horizontal resistance at $0.62, UMS has seen a nice 8% upside to our second target of $0.665. We’re glad our EXCLUSIVE CLIENTS were alerted, so that they could Prepare, Plan and Proceed.
The upside is currently capped at around $0.675 which is the uptrend resistance line. A pullback might be an opportunity for a re-entry.
Where would the pullback be for a re-entry?
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