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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > 50 dma @ .22 and Fib support, Full STO bottom
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Post by palladn on Nov 23, 2005 5:44pm

50 dma @ .22 and Fib support, Full STO bottom

Touched the 50 dma and probed the 38.2% fib. and bounced UP. Full Stoch bottoming. Nice action. Good support. MACD histogram 'rolling under'. 43-101 and 2nd tranche PP closing any day. Production. All looks good.
Comment by kevlin139 on Nov 23, 2005 10:26pm
Palladn, nice to see the bounce off the 50 day ma, with the stochastics in the oversold teritory.Very nice set up. Still need to see the follow through, hopefully closer to 2 days, rather than 9days.
Comment by palladn on Nov 25, 2005 12:34am
Kevlin, Yes. It is. Its holding good, even a small probe down wouldnt do much for the 'chart pattern'... (I'm trying to post this 'pattern' below, we'll see if it works. Same pattern from another stock I'm watching currently.) A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight ...more  
Comment by palladn on Nov 25, 2005 12:37am
Good. The posting worked. Just look at the main page of UNB here on stockhouse.com: https://stockhouse.com/comp_info.asp?symbol=UNB&table=list&time=11%2F25%2F05+12%3A42%3A36+AM See a pattern there anyone? The Cup? The Handle? We've been 'walked down' on low volume...
Comment by kevlin139 on Nov 25, 2005 9:16am
Very nice comparison cup & handle. Very positive when handle drifts down on low volume, and is formed above 200 day MA. Cup is also important to form a U shape not V, which UNB also shows.Al breakouts must be accompanied by large volume, in order to be successfull. Good chart pos palladn. I have quite a few i could post, however i'm not sure how to do it. Lots of positive divergances.
Comment by Flipper59 on Nov 25, 2005 9:51am
No offence guys, but your T.A. means squat.Look at the stock price.What the f@@@@ck is going on and who in thier right mind would dump when everything is all in place and ready to take off? Some people.
Comment by gospeltrader on Nov 25, 2005 10:01am
Ya vitalina, I'm dumbfounded at who in their right mind would be selling at this point. I have to laugh because it's soooooo stupid!! gt
Comment by Flipper59 on Nov 25, 2005 12:56pm
I was cofused till i called the company. TA charts are not that reliable in my opinion. I would not have bought more in a state of confusion.You guys do what you want,i'm booked. Cheers
Comment by Flipper59 on Nov 25, 2005 10:14am
If I had some money believe me i would be snapping these shares up. Reality is i'm tapped and i cant sell my other stocks. I don't understand what is holding up mangement.They should put something out there that supports the stock before all the other P.R.'s come out. UPDATE at least.As for the YOYO's who are selling.Good Ridance
Comment by kevlin139 on Nov 25, 2005 12:54pm
Vitalina, i'm confussed. You said this morning that the positive TA towards UNB, means squat, and you sounded very distressed over the .21 share price. Now you say you called the company and everything is right on track. Just confussed.
Comment by palladn on Nov 29, 2005 1:01pm
https://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=UNB.V,uu[e,a]dhcayyay[dc][pb50!b200!d10,1.5!f][vc60][iut!ua8,14,9!lp14,3,3][J62039376,Y]
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