Hello! I am sorry for the break in my posting but I had to take a break as I was finishing up a very interesting class on Human Resource Management, visiting some family and friends, and am just now getting back into the swing of things with fall classes starting. Thank you for your support and enjoy!

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This stock showed up on my bearish inverted hammer screen. Basically, UBS is trading right at a significant resistance level while still in a confirmed up-trend. Because UBS is at this juncture, the next couple of days will give us an idea where the stock might head in the future.

If UBS pushes higher above the resistance, stay long and expect higher prices. If the inverted hammer is confirmed and the stock fails to move higher tomorrow (closing near lows on high volume), I would be short this stock and expect prices to fall to at least $13.50 or as far as $11.50.