We added UBM today. You can see from the chart below that UBM has been in an uptrend since early 2016 and has outperformed its Sector (Media) and the Allshare Index over the same period. Technically this makes it a strong stock. We also like the fact that it has held its 200 day moving average since last February and has bounced each time the lower bollinger band has been tested. It fired on Tuesday and we added it today at 738.5
click chart to enlarge
