UNS 0.00% 0.5¢ unilife corporation

Update Of weekly chart 6 monthly.A Lot of buying going on in the...

  1. 242 Posts.

    Update Of weekly chart 6 monthly.

    A Lot of buying going on in the last few weeks and rightly so as it was way oversold.

    Weekly Stochastic crossed from oversold and price is bouncing off support around .50c and price has also made a double bottom which are all technical indicators to higher prices.
    Strong resistance at .80c

    Now would not be the time to sell IMO




    Below is the same chart over 2yrs. Notice the strong weekly close above the grey downtrend resistance line. That is a bullish signal so hopefully we will go up and test .80c where alot of supply will come in as alot of people will just want out at break even.

    All IMO Only


 
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