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Monday, May 8, 2023

Ums

First quarter results is out! Net profit is down 15% ro 17.7m. Eps is down from 2.91 cents to 2.59 cents. 

Likely see further selling down pressure!



 Likely to breakdown 1.00 and sliding down further to test0.9 then 0.86.

Pls dyodd.

 Chart wise,  bearish mode!

Likely to see further weakness!



Short term wise,  I think likely to go down to test 1.00. Breaking down of 1.00 plus high volume we may see her going down to test 0.90 then 0.86.

Pls dyodd.


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