Uzma may trade higher after holding well above the support level of RM1.96 for the past 3 months. A purchase can be made above RM2.06 with a close below RM1.96 as stop-loss. An aggressive trade may even be entered above RM2.00. The price target is RM2.46 with resistance also expected at RM2.20. A correction may ensue if it closes below RM1.96 and support is at RM1.75.
Source: OSK
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