RHB Retail Research

Trading Stocks - Uzma

rhboskres
Publish date: Wed, 06 Mar 2019, 04:57 PM
rhboskres
0 9,021
RHB Retail Research

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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