Possible Retest of the Highs, Flat Pattern completion.
UPL has been in a long time sideways move. It's likely that it's still in a correction and there is one move up, pending to complete a 3 wave corrective pattern, a Flat wave.
Looking at the bull flag formation at the lower end of the price line, a breakout to the top can see a continuation to the upside to Retest the previous Highs. The risk to reward looks fairly decent.
* This is not a trade advise, please trade at your own risk*
Looking at the bull flag formation at the lower end of the price line, a breakout to the top can see a continuation to the upside to Retest the previous Highs. The risk to reward looks fairly decent.
* This is not a trade advise, please trade at your own risk*
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