Daily Trading Stocks - Unisem (M) Bhd

Unisem may rebound if it can respond further to Monday’s “Long White Day”. A purchase can be made on  a  close above RM1.38, with a close below the candle low of RM1.30 as stop-loss. The price targets are the prior highs of RM1.50 and RM1.60. A failure to close high may lead to selling, with a close below RM1.25 as confirmation. Supports lie at RM1.15 and RM1.08.

Source: OSK