Stock: URC
Company: Universal Robina Corp
Support: 135.20
Resistance: 142
Currently, URC is moving sideways and it appears that it is aiming to re-test its resistance zone of 142. A break out above the level of resistance will signify a new upside.
Recommendation
It’s better to purchase URC once it break outs above 142 with a stop loss below 135.20. Profits can be taken when price reaches 160.
[…] Technical Input: URC | November 2, 2020 […]