Ultratech - Short term Bearish
Ultratech on daily time frame, we can see oval (if not perfect round) format.
Incase if breaks below trend line - we can see good downside in short term.
Please remember - currently trading just above 50 EMA
Volumes are below average
Next immediate support will be 50 EMA / 7054-6998 / 6685
Add to watchlist - please spend time and effort on own analysis before investing.
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