See chart for explanation:
I'd suggest buying on a dip to $3.75-$3.55 with exits at $4.50-4.65.
Stop loss is down under $3.00.
If UNIS crosses above $5 and closes above 5 for 3 days, then it could get plenty of new attention from margin buyers and get this stock to move quickly to $6 or $7.
There is always plenty of risk with companies who have no history of profitability, and UNIS is no exception to this rule.
Cheers.
Tim 11:43AM EST, Monday, Jan 13, 2014
I'd suggest buying on a dip to $3.75-$3.55 with exits at $4.50-4.65.
Stop loss is down under $3.00.
If UNIS crosses above $5 and closes above 5 for 3 days, then it could get plenty of new attention from margin buyers and get this stock to move quickly to $6 or $7.
There is always plenty of risk with companies who have no history of profitability, and UNIS is no exception to this rule.
Cheers.
Tim 11:43AM EST, Monday, Jan 13, 2014
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