URC tastes like salt

URC continued to taste like salt water as it drop a few points more today to break from the Kumo. This break is considered a bearish signal in addition to the bearish signals reflected by the Tenkan Sen / Kijun Sen Cross and Chikou Span. Looks like the biscuit will not taste good at this time. Immediate resistance will be the bottom of the cloud which is near 120.

Currently no signal for our candlesticks for possible reversal although RSI is already at oversold level.


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