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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: ajtj998/26/2025 10:54:56 AM
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skier31

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Here's a technical perspective on the UUUU daily chart:

1. Note the wicked pinched 21,2 Bollinger Bands. The move up out of them is right from Mr. Bollinger's books that I have never read.

2. Note the horizontal consolidation. The implied target of that is about $13.26, which has basically been met.

3. Note the full stochs are turning up from the 50 level, which is the most bullish that indicator can get.

4. There was a bullish 3-White Soldier candlestick pattern that targeted about $12.56. That target was met this morning.

Anyway, from the perspective of a technician, it's not a matter of why this issue is moving up. It's why wouldn't it, and that's been answered emphatically with this big move up.

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