HSS Engineering crossed above the RM0.985 mark in its latest session. With a moderate RSI level, a bullish bias may be present above this point with a target price of RM1.06, followed by RM1.13. Meanwhile, it may continue trending sideways if it falls back below the RM0.985 mark in the near term. In this case, support is anticipated at RM0.90 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.985

Target: RM1.06, RM1.13 (time frame: 3-6 weeks)

Exit: RM0.90

Source: AmInvest Research - 5 Oct 2018