RHB Investment Research Reports

Trading Stocks - Unisem (M)

rhbinvest
Publish date: Thu, 12 Sep 2024, 09:41 AM
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Following Message

Unisem (M) is eyeing to stage a technical rebound while consolidating sideways. The counter has been moving sideways below the MYR3.20 resistance for a consolidation. If it climbs above the immediate resistance, a bullish bias will emerge. In this case, the stock will travel towards MYR3.35, followed by the MYR3.55 level. However, a breach below the MYR2.95 support resumes the bearish phase.

Source: RHB Securities Research - 12 Sept 2024

UNISEM (5005)
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