Chin Hin Group has been consolidating range-bound during recent sessions. As the momentum indicator RSI has moved above 50%, there is a possibilibity it will break the immediate resistance of RM0.845, and move towards the target price of RM0.88, followed by RM0.90. The support price is anticipated at RM0.80 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.845

Target: RM0.88, RM0.90 (time frame: 3-6 weeks)

Exit: RM0.80

Source: AmInvest Research - 13 Aug 2019