Destini breached the RM0.24 resistance price in its latest session with higher trading volume. With the momentum indicator RSI above 50%, the short-term rebound could reach a target price of RM0.265, followed by RM0.275. If it falls below RM0.24, it will move sideways and consolidate. The support price is anticipated at RM0.215 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.24

Target: RM0.265, RM0.275 (time frame: 3-6 weeks)

Exit: RM0.215

Source: AmInvest Research - 8 Nov 2019