The multi-month uptrend from Nov 2010 remains intact for Unity as it continues to display a series of higher lows, higher highs and trades above the 50-day moving average. In addition, a bullish crossover signal from the Stochastic oscillator at the oversold region has been triggered near the 50-day moving average. This observation suggests that upside momentum has resurfaced after a pullback in price action. On the upside, be on the lookout for the immediate resistance at TWD59.80 and a break above it may open up scope to test TWD62.57 next. On the other hand, failure to hold above the immediate support at TWD53.80 may damage the ongoing uptrend to see a decline towards the next support at TWD49.90.

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