RHB Retail Research
Trading Stocks - Uzma
Uzma may rebound further after it tested the MYR0.84 support in its recent session. Given that it has formed a white candle for the third consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.955 level, with an exit set below the MYR0.84 threshold. Towards the upside, the near-term resistance is at MYR1.12. This is followed by the MYR1.24 level.
Source: RHB Securities Research - 6 Mar 2019
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