OSK Holdings shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM0.935. If this happens, its short-term target price will be RM0.97 followed by RM1.00. If it closes below RM0.935, expect a sideway movement. Support price is anticipated at RM0.895, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.935

Target: RM0.97, RM1.00 (time frame: 3-6 weeks)

Exit: RM0.895

Source: AmInvest Research - 10 Sept 2019