URC showing a ray of hope

A ray of light from URC today as it pierce through the Kumo or Cloud. The movement signifies a bullish one since price break from below. This is opposite from yesterday when price break the Kumo from above. Chikou Span is also in agreement with the bullish sentiment brought by the Kumo break. We need a Tenkan Sen / Kijun Sen Cross to strengthen the bullish sentiment.

If bulls will continue to show up then we still have a good room for a good gain since RSI or Relative Strength Index is very healthy.


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A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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