RHB Retail Research
Trading Stocks - Uzma
Uzma may rebound higher after it continued holding above the MYR0.79 support. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may emerge above the MYR0.79 level, with an exit set below the MYR0.79 threshold. Towards the upside, the immediate resistance is at MYR0.89. This is followed by the MYR0.96 level.
Source: RHB Securities Research - 13 May 2019
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