Uzma has been sold down during the last few sessions. With a neutral RSI, it may rebound higher in the coming session if it breaks above the immediate resistance level of RM0.87. If this happens, the short-term target price will be RM0.955 and followed by RM1.05. Support is anticipated at RM0.79, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon rebound above RM0.87
Target: RM0.955, RM1.05 (time frame: 3-6 weeks)
Exit: RM0.79
Source: AmInvest Research - 13 May 2019
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Nov 25, 2024
calvintaneng
SINCE MARKET LOVES TO SEE EARNINGS AND MORE EARNINGS
FOR UZMA THE EARNINGS WILL RANGE FROM
GOOD TO GREAT
FROM GREAT TO SPECTACULAR!!
YOU WANT EARNINGS?
IN UZMA EARNINGS YOU SHALL GET!!!
2019-05-13 09:20