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Unilife Corp UNISQ

Healthcare Medical Instruments & Supplies
"Unilife Corp is engaged in the business of designing, manufacturing and supplying injectable drug delivery systems and wearable injectors. Its product portfolio encompasses wearable injector 2-10ml bolus, wearable injector basal-bolus insulin, auto-injector reusable system etc. The company's majority oil products are designed for sale directly to pharmaceutical and biotechnology companies. It derives its revenue mainly from the sale of commercial products."


OTCPK:UNISQ - Post by User

Unilife Corp
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Post by equityman33on Oct 18, 2012 10:33am
369 Views
Post# 20497706

UNIS oversold?

UNIS oversold?

 

RSI showing largest oversold territory ever- Buy indicator

Looks like the sell-off has reached a bottom - especially with today's uptick. RSI is around 16-17. Based on the chart, a bounce should occur at any time. The 8-K ATM filing was misconstrued and creates a buying opportunity at these levels to new investors or for other investors to average down.

 

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Dealroom for high-potential pre-IPO opportunities