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
Comments
timwest
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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.
timwest
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Entry price was reached last week on the release of earnings - the chart is following closely to the forecast.