A few months ago, we took a stab on UMA as it looked ready to move higher. However, after a brief rally the market-wide plunge in the Microcurrency market has left our position deep in the red. We had originally planned on exiting our position early if UMA fell through strong support at $20, but unfortunately for us, the move happened over the weekend and continued further down, leaving us no time to exit.

You must be a subscriber to view this content. Learn more about Microcurrency Trader here.

Sign In

Enter your details below.