Friday, March 2, 2012

Unioil Cup and Handle Breakout 14.29%

As predicted  last week ,Unioil (UNI)  started its ascent  from almost two weeks of  consolidation and made a huge gain yesterday of 14.29 %  from 0.29 to 0.34 before closing at 0.32 .

UNI_1Mar12_Breakout
As seen on the graph . volume ,  momentum MTM1  & MACD histogram  suggest a continuation of the bullish pattern moving up on its 2nd day today .

OPM_1Mar12_Up

Another one that made a comeback is Oriental Petroleum (OPM)   . All indicators : volume ,MTM1 & MACD points to continuing trend today.

Have a safe weekend !



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