Long
Updated

$UWL - UNITI WIRELESS - 700% gain over 2 months

381
UWL has been having a great run over the last couple of months. Indicators look like it might continue for a bit longer yet, but it is quite volatile so do make sure you set your stops.

It closed at $1.56 just short of the daily high of $1.58 so that's often a good sign for the next day, but with such a good run there could be some profit taking about so make sure you have your stops in place.

Volume still looks quite positive with 100 buyers for 678,017 units versus 23 sellers for 166,617 units.

About Uniti

Uniti Wireless Ltd is an Australia-based fixed wireless broadband connections provider. The company provides wireless broadband connections to residential and small and medium-sized enterprises (SME). The Company is primarily focused on offering its services in the suburban and metropolitan areas of Adelaide and Melbourne. Its offered products include AmpliFi HD Mesh Router, Ubiquite AirCube, and AmpliFi MeshPoint HD Routers. The company wholly owned subsidiary are Uniti Air Pty Ltd, Uniti Play Pty Ltd, Uniti Health Pty Ltd, and FuzeNet Pty Ltd.
Note
Still running well 2 years later.

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