Solarvest Holdings shot up and formed a long white candle in its lastest session. With a rising RSI level, it may continue to climb above the resistance price of RM0.795. If this happens, its shortterm target price will be RM0.85 followed by RM0.89. Support is anticipated at RM0.72, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.795
Target: RM0.85, RM0.89 (time frame: 3-6 weeks)
Exit: RM0.72

Source: AmInvest Research - 17 Jan 2020