Taliworks Corporation was testing the RM0.915 resistance level in its latest session. With a moderate RSI level, it may trend higher above this point with a target price of RM0.975, followed by RM1.03. Meanwhile, it may continue trending sideways if it fails to cross above the RM0.915 mark in the near term. In this case, support is anticipated at RM0.86, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on uptrend continuation above RM0.915

Target: RM0.975, RM1.03 (time frame: 3-6 weeks)

Exit: RM0.86

Source: AmInvest Research - 4 Apr 2019