UIC - $2.80 ~$2.84

Today is 28 January 2011.

UIC decided to consolidating at around $2.76 and $2.80 now. The picture is very quiet now because the general market seems to move to no way.

The good news is the price action of UIC still bullish (and getting more bullish!) and there is sign that the breaking out is coming soon.

This morning UIC has hit $2.80 again. If UIC clear $2.84, then be ready to add on the position. The next leg will probably push it beyond $3.00 easily.