UDTRY had made a great jump in the past months, but if aesthetics are to be believe, the power of symmetry lies in a slight pull back before the end of the year. That's mainly due to being in the north edge of a long running logarithmic channel. If this is to be broken, symmetry would demand new balance points which would provide stability to the price above 14. This has a very low probability to happen within 40 days,
Therefore, even though all analysts and technical indicators are hinting at a Strong Buy, it looks to me like a Strong Sell for the coming weeks.
Therefore, even though all analysts and technical indicators are hinting at a Strong Buy, it looks to me like a Strong Sell for the coming weeks.