UnifiedOnline Inc fka UOIP

[buckyboy]

Technical outlook (6M Daily chart) from most recent trading activity.

On 12/28 we had a classic hammer at the top of a move. This signifies that a correction is imminent (which it did and has done). traders would have exited the issue on this candle.

Even during the decline from 16 overall more money is entering the issue (i.e. paying the ask) than leaving (i.e. selling to the bid). This is a somewhat bullish sign.

1251 is a MM level that was traded to on Fri. No surprise. As it is now trading in the middle of its channel (105 - 16), 1251 can be viewed as a very favorable entry (JMO).

The CMF indicates that traders are willing to accumulate at current levels. IMO it won't take much to push this issue higher. Hvy volume to the upside with a strong close over 155ish would indicate a move to the next channel up. Lack of liquidity will keep most flippers out of this issue.

Selling pressure still rules the day on the ADX but it has started to trend down while buying pressure has turned up. Could be an early sign of a rebound (to early to tell though).

The FSTO is neither overbought nor oversold and is showing classic consolidation/accumulation patterns (JMO).

The A/D line continues to trend up which signifies there is a core of investors that believe in this company long term (i.e. long term underlying strength in the issue...regardless of PPS).

Short term uptrend taking place. Long term downtrend still intact. As soon as this breaks above the 155ish area on strong volume the long term downtrend will be broken (JMO).

So, what do I take from everything I see? Indicators are somewhat appealing. Liquidity leaves a lot to be desired (no news doesn't help). Positives are that they are in a red hot sector (cloud computing), they have industry recognized products, and they just added a marketing specialist who appears to be a game changer for companies' marketing/sales programs. The govt should start to spend a bit more now that we're in a new year, which bodes well for this company.

Good trading to everyone.