The chart on the left shows the kucing bounce in Feb'22 and Mar'22. UWC is on an uptrend currently(right) after reporting a surprise earnings growth reported on 21/6/22. Our trend signal hasn't appear which suggest the algo's trend criterias not matched. Just like the previous bounce in Feb and Mar'22, that's why we avoided a kucing bounce. Micron has given a weak outlook and it has hurt semiconductors stock badly in Wallstreet. What we fear is a spill-over effect. Perhaps there is a reason why the trend signal did not appear yet.
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