IntelPowerTrader

Trading Above Rising 50-day Moving Average Line

Long
TSXV:UI   URBANIMMERSIVE INC
Urbanimmersive went up 88.89% on August 15th on more than 10 times average daily volume as a result of a very strong earnings report.

As a result of this jump in price, the stock is now trading above its 50-day moving average line which has been trending upwards and towards the 200-day moving average line. Also, the accumulation/distribution line has been trending upwards.

Tradingview's technical summary is BUY.

Morningstar's current fair value for Urbanimmersive is $0.13, which is more than 60% above the current stock price.




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