RHB Retail Research
Trading Stocks - Uzma
Uzma has continued to remain above the MYR0.61 support in its recent trading sessions, indicating a positive sign. As the stock rose above the 21-day SMA line, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.665 level, with an exit set below the MYR0.61 threshold. Towards the upside, the near-term resistance is at MYR0.79. This is followed by the MYR0.87 level.
Source: RHB Securities Research - 28 Jun 2019
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