Saturday, April 14, 2018

Universal Robina Corporation (URC) : Chart Hints at Further Downside - April 14, 2018

Looks like Universal Robina Corporation (URC)  is forming a Potential Bullish Butterfly that aims to be completed at 119 level. Fifty Moving Average is already below two hundred Moving Average (Death Cross) showing sign of bearishnes. Resistance is seen at 147 and support at 140.

Recommendation : Sell/Avoid


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