Unibailout Rodumpco Westfailed setting out to rise

After dumping into oblivion after a hard negative earning in march, URW is setting to rise back up with a correction. As long as the incoming earnings report isn't abysmal it is set to rise after bouncing on a support. First profit target to get is the first next big resistance level and possibly the trendline that started the dumpening a couple of years ago.

Kommentar:

The earnings report was abysmal. Still on technicals it could push up here.