Lotte Chemical Titan Holding crossed the RM4.70 level in its latest session. With a rising RSI level, it may move higher above this mark with a target price of RM5.00, followed by RM5.35. Meanwhile, it may drift sideways if it falls back below the RM4.70 mark in the near term. In this case, support is anticipated at RM4.29, whereby traders may exit on a breach to avoid the risk of a further correction. 

Trading Call: Buy on further rebound above RM4.70

Target: RM5.00, RM5.35 (time frame: 3-6 weeks)

Exit: RM4.29

Source: AmInvest Research - 21 Nov 2018