Stalk Candidate UEIC Update 8 April 2016

Universal Electronics [UEIC]

Weekly Chart


UEIC W Closing 8 April 2016



Daily Chart

UEIC D Closing 8 April 2016




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.


The Trader



Tell your peeps...