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| 3/31/99 Unisys Corp (UIS)
Points to watch: Unisys peaked in January and
has been trending down since. Weekly MACD gave a sell signal on February 5th, and weekly
RSI showed a strong negative divergence with price at the January peak. The stock has
fallen below its 21 day (30.42) and 55 day (31.87) moving averages. The stock has
failed to hold important support levels in the past week. UIS broke below the 38%
retracement level (of its October-January rally) and below 28.9 (the 25% retracement of
its 4/97-1/99 rally). Weak support exists at 28.25, and the 200 day moving average
provides additional support at 27.98. Sell on a break below this support level.
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