Oct. 28 at 2:08 PM
📈
$UMC | Monthly Structure Outlook (WaverVanir DSS View)
United Microelectronics Corp is shaping an interesting long-term structure.
After years of compression, we’re now seeing price hovering just above the long-term base near
$5.84 — a critical liquidity floor that has held since 2022.
🔹 Chart Context
Structure: Descending wedge breakout forming on the 1M timeframe
Fibonacci Retracement: 0.618–0.786 levels (≈
$8.46–
$10.32) are immediate resistances
Expansion Targets:
1.236 →
$15.29
1.382 →
$16.93 (major macro target)
1.618 →
$19.50 (extension zone)
🔹 Macro Bias (VolanX DSS Projection)
If macro tailwinds continue to support semiconductor demand and liquidity cycles expand, UMC could stage a large cyclical recovery.
However, a monthly close below
$5.84 would invalidate this bullish thesis and suggest deeper structural weakness.
🔹 Thesis Summary
Bullish confirmation: Breakout + retest of red trendline
Bearish invalidation: Monthly close under
$5.84
Long-term projection:
$16.93+
Timeframe: 12–24 months
⚙️ Chart generated with VolanX DSS (AI model blend: Fibonacci + Macro Flow).
🧠 For educational use only. Not financial advice.
