Universal Electronics [UEIC]
Current Trend (W): Up
Abv/Below Value Zone: Above
Next Scheduled Report Date: 5 May 2016
52 Week High: $65.81
52 Week Low: $40.28
Current Relevant Resistance: $64.00
Current Relevant Support: $61.20
Recent Close: $62.18
Comment: UEIC is showing one of the best Bull Flag/Triangle patterns I’ve seen in a while. Look for a convincing break of the descending trendline as a buy signal. A strong break below the horizontal support line signals the pattern has failed and an exit is in order.
As always, whatever you do control your risk.