UTR as previously discussed I thought would consolidate around 3.5-4c.
It opened at 3.5 today (due to world market noise, profit taking etc) but held it on large early volume and bounced strongly off of support before pulling back to support on relatively low volume.
It is the first timein a couple days on the 4h it has hit the 10ma too. There is some momentum swinging down too but not a lot of volume follow through. Combined with what I believe to be a strong weekly.
It opened at 3.5 today (due to world market noise, profit taking etc) but held it on large early volume and bounced strongly off of support before pulling back to support on relatively low volume.
It is the first timein a couple days on the 4h it has hit the 10ma too. There is some momentum swinging down too but not a lot of volume follow through. Combined with what I believe to be a strong weekly.