TTM Squeeze Alert: OLED Primed for Big Move at $119.60

Universal Display Corp (OLED) closed up 0.42% at $119.60 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Mixed signals with price near the 9-day EMA ($118.59). The 21-day EMA sits at $120.01.
• Momentum: RSI at 58.7 is in neutral territory but trending higher. MACD is bullish (-1.74 vs signal -2.40).
• Volatility: Stock has been in a TTM Squeeze for 5 days, indicating compressed volatility and potential for a significant move.

Key levels to watch: Support at $115.25, Resistance at $123.57.