ENTRY: 29.89 SL: 33.89 TP1: 26.33-27.53 TP2: 23.89 - ADX>25 - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Moving averages are aligned. - Entry based on 9 May 2022 breakdown from range to ATL and >3% rebound off 10EMA. Would like volume to be higher.
UCTT has begun to outperform the overall semiconductor industry represented by the etf SMH. The trend has clearly been broken on the weekly chart. There has been a good amount of volume in this week so far, creating that very bullish weekly candle. Hoping we finish strong this week. Looking to create a position if it shows continuation. EV/EBITDA ratios for...
$UCTT supported on its ATH VWAP support with a cup and handle pattern. Friday's high volume ($50mil dollar vol vs $20mil avg dollar vol) strong close at +7.6%, exceeds its ATR of 4.74%. fundamentally strong company. what I dislike is that it doesn't trend cleanly on its 50MA
Bought small position (~40bps risk) as UCTT broke to a higher-high & the weekly VWAP. Will add more to position if it follows through next week. Looking for follow through after a 26% run from its PEG back at the end of October.
UCTT Confirm the " Cup and Handle " pattern and aim to reach $36. UCTT buy : $27.70 - 28. UCTT target : $37 +-0.5. Stop loss : 8%. Wish you a good deal !
UCTT- Ultra Clean Holdings Daily Perspective NASDAQ:UCTT
UCTT- Ultra Clean Holdings Weekly Perspective NASDAQ:UCTT