RHB Retail Research
Trading Stocks - Unisem
Unisem is poised to continue its recent uptrend reversal as it bounced off from the immediate support, to eye the recent high of MYR4.33 on improved trading volume yesterday. If a breakout emerges above that level, the bulls may drive the stock towards the MYR4.53 point, before it reaches the 52- week high of MYR4.71. Conversely, falling below the MYR4.19 support level will cancel this expectation.
Source: RHB Securities Research - 3 Nov 2021
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