UBDL LongA nice cup and handle formation in place. UBDL is trending above monthly pivot. RSI, MACD and Stoch all are giving buy signal and increasing volumes are also indicating the same.
Its a reversal stock and may move slowly.
Further targets are 32, 46, 57, 69, 85 and then 105 (its all-time high).
Once it reaches there, 200 can be up for the grabs, but it may take 2-3 years of patient holding.
Its not a buy / sell call, just my personal opinion.
