Umax Group Corp. (UMAX)

[StockWatcher]

Uh Guys, you might want to take a look at this. Mainly, because Nelson Research mainly focuses on the NASDAQ Stocks. Why in the world would they do an Article today on UMAX???

This is how they send subtle messages without being obvious. And it works. Just wait, things are going to get interesting.

So I just jumped and got my shares now!

Notice how the MMs broke up the trade!

I put in my buy at .0149.

First Buy/Cover - .014462 10,500
Second Buy/Cover - .014463 9,169

Why did they break it up? Because they need shares, hence the 169 instead of the 669.

No shares to be found, the systems were looking for real sellers, so instead the MMs took the shares for themselves to cover.

I suspect the big boys are about to start playing with this stock very soon. Next week could be an eye opener.

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https://nlrnews.com/zeroing-in-on-the-short-term-indicators-of-umax-group-corp-umax/251224/

Please note the very last line in the article;

Umax Group Corp (UMAX)’s high over the last year was $0.84 while its low was $0.0015.

Zeroing in on the Short Term Indicators of Umax Group Corp (UMAX))

September 26, 2017 Nelson Research Staff
Even though short-term trading can be very profitable, it can also be a huge risk. Short-term lasts from anywhere from a few minutes or several days or weeks. Traders have to truly understand the risks and the rewards of each potential trade to succeed at this strategy. They must be able to identify good short-term opportunities and also protect themselves from any unforeseen events. Everything investors know about a company’s management, earnings and all other factors are priced into the stock. Gaining an advantage over their competition requires that traders use technical analysis to understand what is happening in the markets.

Technical analysis is the process of evaluating stocks or markets using previous prices and patterns in order to predict the future. It’s an important tool to help traders understand how to make profits while others are unsure.

Buy and Sell Indicators are used to determine the right time to buy and/or sell. Two of the most popular ones are the stochastic oscillator and the relative strength index (RSI). The RSI compares the inside weakness or strength. Typically, a reading of 70 indicates a topping pattern, while a reading below 30 shows an oversold stock. The stochastic oscillator is helps traders to decide whether or not a stock is expensive or cheap based on the asset’s closing price range over a specified period of time. A reading of 80 indicates that the stock is overbought and the stock is oversold with a reading of 20.

Umax Group Corp (UMAX)’s 7-Day Average Directional Indicator, a short-term indicator used to determine the market trend, is Buy. Their 7-Day Average Directional Strength, the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been and Minimum is the weakest, is Strong. Finally, their 7-Day Average Directional Direction, which whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a buy or a sell, is Strengthening.

Umax Group Corp (UMAX)’s 10-8 Day Moving Average Hilo Channel, a short-term indicator that calculates the moving averages on the High and Low prices, rather than the Close, is Buy, their 10-8 Day Moving Average Hilo Strength, which is the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been and Minimum is the Weakest, is Minimum. Finally, the company’s 10-8 Day Moving Average Hilo Direction, which indicates whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a Buy or Sell signal is Strengthening.

Umax Group Corp (UMAX)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.

The Open is the start of trading on a securities exchange. The open indicates the start of an official business day for an exchange, meaning that transactions may begin for the day. The different exchanges have different opening times. Umax Group Corp (UMAX) opened at $0.02. Umax Group Corp (UMAX)’s high, highest trade price for the day, was $0.02. Umax Group Corp (UMAX)’s lowest trade price for the day was $0.0117 and finally, Umax Group Corp (UMAX)’s last trade price was $0.012.

A 52-week high/low is the highest and lowest share price that a stock has traded at during the previous year. Investors and traders consider the 52-week high or low as a crucial factor in determining a given stock’s current value while also predicting future price movements. When a commodity trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors usually show more interest as the price nears either the high or the low.

One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low. The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction. Umax Group Corp (UMAX)’s high over the last year was $0.84 while its low was $0.0015.