UNI is attempting to form a double bottom, and finally establish some structure. It is possible that we see a bullish break out if a strong double bottom formation occurs.
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It broke down off the trend line and support failure. Now we see if it will form a new double bottom. The last one didn't have quite enough velocity.
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A new double bottom formed. A bit more velocity but still not quite enough to flip sentiment...yet
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2nd double bottom failed, new one trying at the old support level.
