DKSH Holdings broke past the resistance price of RM2.50 in the latest session. With the momentum indicator RSI above 60%, it may continue to move towards the target price of RM2.72 followed by RM2.82. If it dips below RM2.50, expect a sideways consolidation again. In this case, support price is anticipated at RM2.40, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on trend continuation above RM2.50

Target: RM2.72, RM2.82 (time frame: 3-6 weeks)

Exit: RM2.40

Source: AmInvest Research - 19 Apr 2019