Someone from CNA forums asked me about Uniasia.
Looking at the chart doesn't seem like there is very much to say. All time low is at 0.49. The stock is trading in a downward triangle. Trend is very obviously down.
A breakout of the top trendline would probably be bullish but I don't really see that happening. With the recent rally in stocks, this counter is STILL trending down. That's bad news.
If one wants to trade this one then perhaps using RSI would be useful. Sell when overbought (RSI 70). I dunno about buying though.
0.675 (low of previous 3 days) would be a level I would definitely cut at.
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