RHB Investment Research Reports
Trading Stocks - Unisem
rhbinvest
Publish date: Tue, 07 Jun 2022, 09:28 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Unisem is set to rebound higher with renewed bullish momentum, after surpassing the MYR2.90 resistance level on strong volume. If buying interest persists, the bulls may drive the stock towards the MYR3.05 resistance, followed by the MYR3.23 resistance level. Meanwhile, a drop below the MYR2.74 support may reverse the momentum to form a “lower low” bearish structure below the 21-day average line.
Source: RHB Securities Research - 7 Jun 2022
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