Most of the trader usually make 1.000 as their psychology Resistance. From our technical view, Uzma started gain some momentum today.
Just refer to the Momentous Pro showing the momentum now is above 50%, indicates the counter has gain some interest from traders.
Current support at 0.910. Make sure Uzma will not break that support if we want to see uptrend continue.
1) After breakout from long down trend line, Uzma shows a very bullish signal.
2) Price is crossing the EMA200, and rebound back after short pullback to EMA200 on 25/9
3) this counter has potential to go higher and possible to achieve its glorious time
MY ADVISE IS STILL THE SAME
AVERAGING FOR ENTRY, NEVER PUT ALL EGGS IN 1 SAME BUCKET
MARKET IS VERY CRUEL , NEVER FORGET THAT
CUTLOSS IS BETTER BAGHOLDER,TRUST ME
Strength in the chart:
1. Pentagon with high volume
2. Changes in trend
3. Potential pullback
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
