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Ultrapar Participacoes S.A. (UGP) Recently Broke Out Above the 20-Day Moving Average
Ultrapar Participacoes S.A. (UGP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, UGP crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day …