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.

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