RHB Retail Research
Trading Stocks - Uzma
Uzma was testing the MYR0.94 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR1.00, followed by MYR1.07. The stock may take a breather if it cannot breach above the MYR0.94 threshold decisively in the near term. Support may be found at MYR0.825, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 3 Oct 2019
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