Saturday, May 18, 2013

UAN May 19 2013

CVR Partners, LP (UAN)NYSE

UAN Monthly Chart in May 2013


The UAN monthly chart currently shows a giant coil. The bias overall has been upward, but with major swings to and fro.

UAN Weekly on May 19 2013

The UAN weekly chart again shows the coil, with price right in the middle. There doesn't seem to be much bias in either direction right now.

UAN Daily Chart May 19 2013

The indecision suggested by the longer-term charts is amplified in the UAN daily chart. One could read into this a giant bull flag, which would be a continuation pattern higher. However, more likely it simply is stuck in a trading range.

Note that this is a high-dividend stock suitable primarily for retirement accounts.




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