Tuesday 7 August 2012

Stock Overview - UNISEM - 8 Aug 2012

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

Source:Jupiter Securities Research 08 August 2012

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