Mega First Corporation gapped up and traded above the RM3.90 resistance level. With an RSI level above 60%, it may continue to climb towards the short-term target price of RM4.05 followed by RM4.20. If it dips below RM3.90, expect it to move sideways. Support is then anticipated at RM3.80, whereby traders may exit on a breach to avoid the risk of a further. Trading Call: Buy on continuation above RM3.90

Target: RM4.05, RM4.20 (time frame: 3-6 weeks)

Exit: RM3.80

Source: AmInvest Research - 23 Sept 2019