Unisem rebounded to test the MYR1.95 level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR2.20. In the meantime, the stock may consolidate further if the MYR1.95 level cannot be surpassed. Support may then be found at MYR1.73, where traders can exit upon a breach.
by RHB Securities
UNISEM (M) BERHAD
The Company is involved in manufacture assembly and packaging of integrated circuits and other semiconductor devices.