Fzrayhaan

UNISEM go for Long?

Long
MYX:UNISEM   UNISEM (M) BHD
UNISEM just BO to ATH with very high volume yesterday. in fact the highest volume since dec 2018
a counter with good FA

uptrend counter

next TP will be at 8.235 base on previous price increment or 8.245 based on fibo extension ( 20 percent increase of price from current price)
followed by next tp at 10.315

will it reach the TP?
in my opinion yes

for a bull run counter, especially with good FA, price with make at least make 3 major wave, and sometime can go up to five major wave

for UNISEM
1st wave TP achieved at 3.960
2nd wave TP achieved at 6.190
currently moving towards to 3rd wave TP

furthermore in weekly and monthly chart, it just show the beginning of long term play for this counter

MACD barely touch 0 line, before crossing up

long term? its a yes for me
bull run ? why not

trade at your own risk

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