Category: Submitted Articles

I am looking to buy Universal Display Corporation (NASDAQ:OLED) at $57.00 based on two key buy levels at that price. The first is a gap fill from May 20th, 2016, the second is the daily 200 moving average. Amazingly both levels are at $57.00 which increases the odds of a technical stock chart bounce. This is a near term trade meant to hold for just a few days. Upside would likely be between $60-$62.

 

By Jenny Rebekka