TWSE:2303   UNITED MICRO ELECTRONICS
2303
Support 46.85
Resistance 52.4

Rising Wedge Pattern

Momentum Stochastic pointing down

2303 by the price breakdown rising wedge pattern, minor support 46.85. We foresee that 2303 has a chance to move downside and reach the support area . the momentum indicator is pointing down in the neutral area, 2303 has a chance to move upside and reach gap area first before continuing move donwside several time ahead. Find entry at smaller time frame such as 1 hour (H1). 2303 has a chance to meet the classic support area at 43.80
Komentar: Done target
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