RHB Retail Research
Technical Analysis - Unisem
Unisem
Unisem may rise higher after it formed a third consecutive white candle. Yesterday’s close has sent the stock to its highest close in nearly three months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR2.60 level, with an exit set below the MYR2.27 level. Towards the upside, the immediate resistance is at MYR2.78. This is followed by the MYR3.00 level.
Source: RHB Securities Research - 12 Jul 2018
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