URC (Universal Robina)

[josieqyu]

any comments about URC?

[genkumag]

"Potential Bearish Butterfly"

Pattern underway after prices retraced from the 78.6% fib at 22.75 or the BC leg and even gapped up to emphasize the change in sentiment. Should anyone want to take position on this stock, I suggest an entry as close to 24.00 with a stop at 23.00. The pattern target is set at 28.75 with resistance pegged at 26.50.

As usual, buyers beware.

Original notes on entry and exit prices are included in the chart for reference. Erratum on entry in notes, change to 22.75 instead of 22.00.

Comments will be appreciated.

Regards,

genkumag

PD: No position.

[ronacoba]

Universal Robina Corporation (URC) To Hit PHP 45.00?

Another John Gokongwei – led company, namely Universal Robina Corporation or URC in the Philippine Stock Exchange has been making some headway these past couple of days. Now, will it be able to regain its form and regain its previous high that it had back in 2010?...

http://www.laidtrades.com/2011/05/15/un ... php-45-00/

[ronacoba]

URC: On Track To Meet Target Price

The equities markets have been battered for the last couple of weeks, making majority of the stocks depressed as well. One company, however, appears to be standing strong is Universal Robina Corporation (URC)...

http://www.laidtrades.com/2011/05/26/ur ... get-price/

[joelchua]

URC seems to be forming a very nice rounded bottom at the moment.

[tarantrader]

Which can also be viewed as an inverted head & shoulders that already broke out.