Friday, 27 April 2012 UNISEM – Stock Pick

UNISEM ( 5005 : 1.44 ) : Accumulate/Stop loss 1.30

Description

Resistance : 1.53 1.84

Support : 1.30 1.38

RSI of 51
RSI is on the rise


STOCHASTIC
It is on base forming


TREND INDICATOR
Comment
Currently, it is capped at 1.53, indicating further consolidation. However, the downside is limited due to
oversold technicals, pointing to an eventual upside breakout to test the 50% retracement of 1.84


Trading Strategy
Accumulate. Stop loss is at 1.30



Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.