RHB Retail Research

Technical Analysis - Unisem

rhboskres
Publish date: Tue, 03 Jul 2018, 09:53 AM
rhboskres
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RHB Retail Research

Unisem

Unisem may rebound further after it tested the MYR2.27 support in its recent trades. Given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.27 level, with an exit set below the MYR2.27 threshold. Towards the upside, the near-term resistance is at MYR2.60. This is followed by the MYR2.76 level.

Source: RHB Securities Research - 3 Jul 2018

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