timwest
Long

Unilife (UNIS) Buy on dips to 3.75

BATS:UNIS   UNILIFE CORP NEW
200 2 1
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
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timwest PRO
2 years ago
Entry price was reached last week on the release of earnings - the chart is following closely to the forecast.
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timwest PRO
2 years ago
This is acting great. The story is building and the upside is building for much larger, long term gains. Start watching and reading about UNIS. Their recent financing could get them off the ground and running. Read up.
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