RHB Retail Research
Technical Analysis - Unisem (M)
Unisem (M)
Unisem may rebound further after it tested the MYR2.74 support in its recent trades. As the stock is trading above the rising 21-day SMA line, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.74 level, with an exit set below the MYR2.74 threshold. To the upside, the near-term resistance is at MYR3.05. This is followed by the MYR3.30 level.
Source: RHB Securities Research - 29 Aug 2018
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