Opcom Holdings was testing the RM0.72 level during its intraday high. With a rising RSI, it may move higher with a target price of RM0.75, followed by RM0.78. Meanwhile, it may drift sideways if it fails to cross the RM0.72 mark in the near term. In this case, support is anticipated at RM0.66, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.72
Target: RM0.75, RM0.78 (time frame: 3-6 weeks)
Exit: RM0.66

Source: AmInvest Research - 12 Dec 2019