OSK Holdings shot up and formed a long white candle in its lastest session. With an RSI level above 70%, it may continue to climb above the resistance price of RM0.95 and move towards its short-term target price of RM1.02 followed by RM1.05. If it dips below RM0.95, it will move sideways for further consolidation. The support price is anticipated at RM0.915, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.95

Target: RM1.02, RM1.05 (time frame: 3-6 weeks)

Exit: RM0.915

Source: AmInvest Research - 25 Sept 2019