In an uptrend support holds, in a downtrend support breaks...what's the risk and reward on buying at the last burst of fire? (If there is a 30c or slightly >10% profit within 1 to 2 months, lock-in partial profit; cut-loss once the key support @ S$2.66 breaks down convincingly with high volume.) Watch the video clip, Playing a blue sky breakout and The Gap Theory. The ichimoku chart indicates that UE is well-supported by the purple cloud; expect a retest of the last peak @ S$3.04. UE is a M&A play, the bet on further upside depends solely on the result of the deal dated 26 Aug 2014.