The initial "1.13" setup may turn out to be continuation of
the longer term move for the "W" formation. I have shown
the "1.13" target levels to monitor initially.
the longer term move for the "W" formation. I have shown
the "1.13" target levels to monitor initially.
Note
UNIT has been co-operating quite nicely to date. We are not far from our 3rd target via the 1.13 setup. This would put us near/at the channel top, and likely retest of "B" of the ABCD. I would suspect we'd see notable resistance in this area should it be reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.