Yesterday, UZMA gained 5.0 sen to close at RM2.18. It is now inching closer towards the triangle apex to retest a crucial triangle overhead resistance level at the RM2.22 region. A successful breakout from the key resistance level could potentially signal a continuation of the uptrend, with an impressive potential 37.0 sen upside (to RM2.55) against a 13.0 sen downside (strong trend line support at RM2.05). In tandem with positive readings from key indicators and increasing daily trading volume, we are issuing a “Trading Buy” call on UZMA.

Source: Kenanga