Analysis of UBS bank shares and expected movement

Expected Scenarios for UBS Shares.

 

UBS shares have reached significant supply areas

following the recent strong upward surge.

Currently, there are several scenarios for the stock's movement.

 

Scenario 1:

Downward movement if the uptrend is broken and closes below it.

Downward movement is expected toward the targets shown on the chart.

 

Scenario 2:

Upward movement, but subject to a breakout of supply areas and a close above them.

The breakout is preferable to a candle with strong buying momentum.

Upward movement is expected toward the targets shown on the chart.

In any case, this is merely a technical perspective, and please manage your capital carefully.