RHB Retail Research
Technical Analysis - Unisem (M)
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Unisem may climb higher after forming a long white candle and hitting its 1-week high. Given that the 21-day SMA line has crossed above the 55-day SMA line recently, this indicates a positive sign. A bullish bias may emerge above the MYR2.38 level, with an exit set below the MYR2.07 threshold. Towards the upside, the immediate resistance is at MYR2.78. This is followed by the MYR3.00 level.
Source: RHB Securities Research - 21 Jun 2018
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
