Head and Shoulder formation is taking place.
MACD is showing bullish cross over indication positive momentum on weekly chart.
Chart setup is good to long UPL for high targets.
UPL is currently operating in channel and once it breaks out of the channel, we can see very good movements coming.
Disclaimer: This is an educational chart analysis and not any kind of recommendation. Please invest accordingly at your own risk.
MACD is showing bullish cross over indication positive momentum on weekly chart.
Chart setup is good to long UPL for high targets.
UPL is currently operating in channel and once it breaks out of the channel, we can see very good movements coming.
Disclaimer: This is an educational chart analysis and not any kind of recommendation. Please invest accordingly at your own risk.