Wednesday, 8 Aug 2012 UNISEM – Stock Pick

Wednesday, 8 Aug 2012 UNISEM – Stock Pick



UNISEM ( 5005 : 1.25 ) : Targeting 1.50/Stop loss 1.14

Description

Resistance : 1.50

Support : 1.14 1.24

RSI of 37
RSI is oversold

STOCHASTIC
It is oversold

Comment
The recent drop has hit the 61.8% retracement level of 1.24, suggesting a limited downside

Trading Strategy
Buy. Stop loss is at 1.14

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.