United Microelectronics Corporation Message Board
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Watching the CNBC ticker...
this morning. Saw some 25K share blocks go thru
in the $7.20 - $7.25 range.
With the heavy volume, my conclusion is some accumulation
going on today.-
I did not receive my shares in Datek, neither.
John -
I have Fidelity, and I did not
get any shares yet. -- John -
from my CFSB news section. missed this from a few days ago, Tuesday 7/17, obviously...
BLOCK TRADE - United Microelectronics
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100,000 at $7.05, up 21 cents, crossed by Salomon Smith Barney.
REUTERS
Rtr 18:23 07-17-01
Copyright 2001, Reuters News Service
BLOCK TRADE - United Microelectronics
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900,000 at $7.05, up 21 cents, crossed by Salomon Smith Barney.
REUTERS
Rtr 18:23 07-17-01
Copyright 2001, Reuters News Service- 2 Replies to pfflyerkid
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UMC (2303 TT) will deliver its stock dividends of 1.864bn shares on Aug. 10.
TSMC (2330 TT) to deliver stock dividends 5.14bn shares on Monday, July 23
++++++++++++++++=
Foreign net buying/selling for week-ended Fri., July 20: QFII net bought NT$772mn worth of shares last week (NT$21.4bn month to date)
UMC (2303 TT) net bought 51mn shares
TSMC (2330 TT) net bought 22mn shares -
BLOCK TRADE -United Microelectric UMC 770,000
at $7.25, off $.04, crossed by ABN Amro
Fri Jul 20 17:20:24 2001
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re accumulation...check out this chart, especially the distribution/accumulation graph at the bottom. I'm hardly an expert TA guy but check this out.
http://stockcharts.com/def/servlet/SC.web?c=UMC,uu[h,a]daclyymy[dc][pb50!b200!b2
1][vc60][iUb5!Ub14!Ua12,26,9!Lh14,3!Li14,3!Lc20!Lg!Lf]
also, the dist/accum line has been rising nicely since the early April lows, even despite the fluctuating stock price.
better yet, since early June the dist/accum line has kept an upward pace in the face of a falling stock price. I believe this is called positive divergence and can be viewed in the Alcoa example here. scroll down the link.
http://stockcharts.com/education/What/IndicatorAnalysis/indic_AccumDistLine.html
good luck everyone.- 1 Reply to pfflyerkid
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Nice chart example. Yes, I noted the divergence of the
A/D with the price and most of the other indicators.
I really wanted to add more under $7.
Maybe I missed out already.:-(
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