Vizione Holdings shot up and formed a long white candle in its latest session. In addition, higher trading volume was recorded during recent sessions. With an RSI level above 60%, it may continue to climb above the resistance price of RM1.03. If this happens, its short-term target price will be RM1.12 followed by RM1.18. Support price is anticipated at RM0.97, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on trend continuation above RM1.03

Target: RM1.12, RM1.18 (time frame: 3-6 weeks)

Exit: RM0.97

Source: AmInvest Research - 23 Apr 2019