Sunway was testing the RM1.68 resistance level during its intraday high. With a neutral RSI level, a bullish bias may be present above this mark with a new target price of RM1.80, followed by RM1.90. Meanwhile, it may continue to drift sideways it if fails to cross above the RM1.68 mark in the near term. In this case, support is anticipated at RM1.62 whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on uptrend continuation above RM1.68

Target: RM1.80, RM1.90 (time frame: 3-6 weeks)

Exit: RM1.62

Source: AmInvest Research - 27 Mar 2019