Sunday, October 08, 2006

 

where is UTAC heading?


UTAC is in a downtrend channel and has not been able to break up from it. The resistance for utac is its downtrend channel and 20 day ma right now. IT has to break up from the resistance to see more price upside. If utac is not able to break up from its resistance next week, the support could be at wave 2 of around 70 cents. If 70 cents hold, then.....

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