UTAC (U12) as Requested

UTAC (U12) is currently trading in the range of 89 to 96 cents. Thus we can safely take it as support and resistance respectively. From the Chart, we can know that U12 had luckily survived a Head and Shoulders formation (Red Crests).
Scrutinizing it yield scenario 1 and scenario 2. In (1) it would be a happy story, a so called Single Bottom Bullishness. In contrast, (2) (Green Crests), a bearish connotation of another mini Head and Shoulders.
Currently, U12 is still in downtrend and the SAR is also telling an unfavorable story. Further, ADX is –ve placed denoting downtrend is still not reversed yet. However, RSI and the William % R look good.
What ever it is, the faith of U12 lies in a Key. And that is the deciding 93 cents clearance! Above means up thrust, and below means downturn.