Serba Dinamik Holdings broke above the RM4.16 level to register a fresh high. With a rising RSI level, a bullish bias may be present above this mark with a target price of RM4.45, followed by RM4.88. Meanwhile, it may turn sideways if it dips back below the RM4.16 mark in the near term. In this case, the immediate support is anticipated at RM3.92, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further uptrend above RM4.16

Target: RM4.45, RM4.88 (time frame: 3-6 weeks)

Exit: RM3.92

Source: AmInvest Research - 18 Oct 2018