I am not an expert on chart analysis, but here is my prediction. It will decrease to 16.20 level and then move back up to 18.5 (strong resistance, if that breaks then it will see 22. If not then again it will come down to 17 before leg up)... However, sometimes technicals don't follow based on fundamentals and news... so guys take a deep breath, even it will fall (may be profit taking) now, it should go back up in next week.....
Charts and technicals work when predicting trends and tendencies but they fall apart when you have major changes or innovations to a company like a huge customer coming on board or a break through product. You can not predict those kinds of events with charts especially for technological companies, that's why you see these large growth spikes and chartists get blown away during major announcements.
If you are trying to predict stocks to the daily price based on charts good luck. The whole purpose of charts is for trends and just because you say it is going to fall everyday and one day inhere is some profit taking does make the method sound. It is more like hunting with a shot gun and saying look I hit something. I challenge you to use your predictive abilities and tell me what the price will be on Feb 28. Then put your money behind it.
Okay Nostradamus, that is what we call in the real world a blind squirrel pick. I have had a few myself. I do not as a rule predict prices, but since you're such a soothsayer, please give me a closing price within .50 of UNXL on the close Friday this week?