Monday, March 19, 2018 3:29:05 PM
Shares of Universal Display Corporation (OLED) collapsed sharply today after reports hit that Apple (AAPL) was producing a MicroLED screen versus the OLED screen. The difference is, Organic Light Emitting Diode (OLED), which Universal Display Corp makes, versus the new MicroLED technology. However, considering Universal Display Corp. has fallen from over $200 per share in January 2018 to its current $107.00, big money already knew this and was unloading. It always works this way. Big money gets the news first and dumps. At the very end, average investors get the news and they dump, usually at the dead bottom. I believe Universal Dislpay Corp is at the bottom, at least for a near-term, strong, swing trade bounce. Note the support trend line in the chart below and the mega oversold nature of the chart. There is huge support here and a likely bounce back to $125 will occur.
Gareth Soloway
InTheMoneyStocks
Recent OLED News
- Universal Display Corporation Establishes the Sherwin I. Seligsohn Innovation Award in Organic Electronics • Business Wire • 09/18/2024 10:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:00:03 PM
- Universal Display Corporation Named to Fast Company’s Best Workplaces for Innovators List in Science & Technology • Business Wire • 09/11/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 08:00:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 08:00:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:00:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/29/2024 09:43:48 PM
- Universal Display Corporation Delivers Keynote Address and Announces Recipients of the 2024 UDC Innovative Research and Pioneering Technology Awards at IMID Korea • Business Wire • 08/28/2024 08:30:00 PM
- Universal Display Corporation Announces Participation at Upcoming Conferences • Business Wire • 08/08/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 08:10:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:08:09 PM
- Universal Display Corporation Announces Quarterly Cash Dividend of $0.40 per Share • Business Wire • 08/01/2024 08:06:00 PM
- Universal Display Corporation Announces Second Quarter 2024 Financial Results • Business Wire • 08/01/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 08:00:03 PM
- Universal Display Corporation Announces Second Quarter 2024 Conference Call • Business Wire • 07/15/2024 08:15:00 PM
- Universal Display Corporation Holds Virtual 2024 Annual Meeting of Shareholders • Business Wire • 06/20/2024 08:15:00 PM
- Universal Display Corporation to Commemorate 30th Anniversary by Ringing Nasdaq Closing Bell • Business Wire • 06/17/2024 12:30:00 PM
- Universal Display Corporation to Hold Virtual 2024 Annual Meeting of Shareholders • Business Wire • 06/06/2024 08:15:00 PM
- Universal Display Corporation Announces Participation at Upcoming Conferences • Business Wire • 05/21/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 08:00:08 PM
- Universal Display Corporation to Exhibit and Present at SID Display Week 2024 • Business Wire • 05/09/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 08:00:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 08:00:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/08/2024 06:28:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 06:25:20 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM