URC has been very strong last week which creates higher low each day. I think this is due to its upcoming dividend and investors are positioning for that. If you observe on the daily chart, URC closed exactly the same price as the 100% fibo line which is 125.30. Does it mean that this stock will reverse next week? I guess not because there's not much activity on this line and can be easily broken. But if a reversal will happen, 119.35 will be the strongest support which is the 50% of the fibo level.
Take note that RSI is 61 and still still healthy for overbought.
Daily chart
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