Today is 22 January 2011 .
After seeing UIC cling on around $2.80 for the last few days despite the heavy sell down in the overall market, now I believe that the gap at $2.71 and $2.72 is not going to get cover back.
Instead, I believe that the price is consolidating at current level and looking up to break $2.84 resistance next week.
The target price for this new leg is going to be substantial.
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