KPJ Healthcare leapt above the resistance price of RM0.915 in the latest session. With the momentum indicator RSI above 60%, it may continue to move towards the near-term target price of RM0.95 followed by RM0.975. If it dips below RM0.915, it will move sideways for further consolidation. On the downside, the support price is anticipated at RM0.87, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.915
Target: RM0.95, RM0.975 (time frame: 3-6 weeks)
Exit: RM0.87

Source: AmInvest Research - 15 Oct 2019