UMBF breakout possible86.50 above breakout possible
90/95 can test soon if breakout sustain
long term consolidation breakout
UMBF trade ideas
UMBF breaking out of an 11 month base!* Great earnings
* Strong up trend
* High 3-month relative strength in the Financial sector
* Breaking out of a ~11 month base with higher than average volume
* Originally broke out last month but due to the market conditions it had a very slight pull back
* During the pull back it held up very well relative to the general market conditions.
* Maximum probable ROI is ~24.16% if the trade goes in our favor
Trade Idea:
* This is another breakout attempt after the general market is showing signs of recovery.
* Now's a great time to enter as the price is very close to the broken resistance and it's EMA's
* Weekly chart is also showing signs of the price being ready to move higher.
$UMBF with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $UMBF after a negative over reaction following its earnings release placing the stock in drift C
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UMBFretreat to 52$ support line and uptrend support + creating a hammer like candelstick
looking for long with a clear break of 54$ to retest 60$ area
