Jul. 30 at 11:01 AM
$UMC reached the extreme area between 18.39 - 13.80 area as the part of daily pullback started from June-2026 peak.
Short term, it still can see more downside in area, but it expects support into this zone for next rally or at least 3 swings bounce against June-2026 peak .
#Elliottwave #UMC