UZMA trade ideas
Bursa UZMA BerhadThe pullback might fall to the potential zone before it continuing uptrend.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
UZMA Looking Good for Early Stage Up TrendAs of writing BRENT is steady at USD44+. If this continues for the next 2 week, we may see UZMA to start an early stage of up trend. Rebounds at 0.46 gives the confirmation of the up trend.
Due to the volatility of the crude oil, I would suggest for a quick trade with EP at 0.48, TP at 0.54, CL at 0.46 that easily gives you 3R.
Cut loss as soon as you can. Don't ever wait in this volatile market.
Uzma, jangan jadi ulam 0.630sen need to break first before i look back at you.
If not, i rather eat ulam.
If you like my chart, just give me a LIKE, follow me and share it to your friend. :)
Feel free to leave your comment, i will try my best to reply you.
Disclaimer: Every stock analysis are purely for my personal learning and practice purpose.
It is not for any buy or sell call to anyone. Everyone are responsible at your own trades. If you making money from my stock review, just donate portion to charity.
UZMA 1/8/2020Wedge shape triangle is forming here. Looks like in consolidation mode at the moment. Lower highs are obvious, but not lower lows. Price seemed to be well supported at around 0.570 area.
Economic sentiment is not fantastic, investor confidence is recovering from the oil crash late april.
Will need to observe a few more candles to see if more lower lows will be formed. If it doesnt, it will be good.
