Tuesday, January 10, 2012

Technical Analysis Jan 2012: UNICO (5019)



UNICO-DESA PLANTATIONS BERHAD

Observation from Chart:-

UNICO is hugging bolinger upper band, go higher high.

How high will it go?

Other indicator:-
No reversal candlestick been formed.
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call.

High probably it will continue go higher.
If retrace down, MA20 is immediate support level.

Let watch closely.

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