Bixley

Ubisoft downtrend confirmation or island reversal?

Short
OTC:UBSFY   UbiSoft Entertainment Inc.
Ubisoft has been stuck in a downtrend for awhile now, an initial island can be observed and linked to the current downfall of this stock. Currently the price is trading within a downtrend, where a second island bottom is present, which may lead to a reversal at the immediate support zone. Overall the bearish momentum, outweighs the possible bullish factors.
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