Uzma consolidated and touched the RM0.66 resistance level. With its higher low candle stick pattern, coupled with sustainable trading volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.695, followed by RM0.735. The downside support is marked at RM0.60. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM0.66

Target: RM0.695, RM0.735 (time frame: 2-4 weeks)

Exit: RM0.60

Source: AmInvest Research - 6 Jul 2021