RHB Retail Research

Trading Stocks - Uzma

rhboskres
Publish date: Thu, 14 Feb 2019, 05:50 PM
rhboskres
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RHB Retail Research

Uzma may climb higher after it breached above the MYR0.80 threshold. Yesterday’s white candle can be regarded as a continuation of the rebound that started off 31 Jan’s “Bullish Harami” pattern. A bullish bias may appear above the MYR0.80 level, with an exit set below the MYR0.645 threshold. Towards the upside, the near-term resistance is at MYR0.92. This is followed by the MYR1.00 level.

Source: RHB Securities Research - 14 Feb 2019

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