Friday, September 20, 2013

UOL (technical)

UOL: the rising key indicators above neutral levels, suggest that near term momentum is positive. Watch for a break out above the key $6.60 resistance level (just above the 200day MA), which would position the counter as a strong bullish breakout candidate to test the $7.00 resistance in subsequent weeks. Initial support is at $6.40, followed by firmer support at $6.20.

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