how much longer can umc languish at these mid-90s levels, the stop-loss accumulators have done their worst and now it just hangs around waiting for direction. I got my direction from FXR's move yesterday. UP again and while they have some good ground i reckon UMC's pilbara land looks even better. Surely the buyers will not be waiting for confirmation. cheap as is. Its going to bolt soon, what will be the spark?
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held