UZMA has been consolidating sideways during the last few sessions, with an immediate resistance price of RM1.00. With an RSI above 50%, it may break the resistance level. If this happens, the short-term target price will be RM1.07 followed by RM1.11. In this case, support is anticipated at RM0.90, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM1.00

Target: RM1.07, RM1.11 (time frame: 3-6 weeks) Exit: RM0.90

Source: AmInvest Research - 14 Jan 2020