OSK Holdings may soon test the RM0.955 resistance level. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM1.00. Meanwhile, it may continue moving sideways if it fails to cross the RM0.955 mark in the near term. In this case, the immediate support is anticipated at RM0.93, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy upon breakout above RM0.955

Target: RM1.00 (time frame: 3-6 weeks)

Exit: RM0.93

Source: AmInvest Research - 19 Dec 2019