Kronologi Asia leapt above the resistance price of RM0.85 in the previous session. With an RSI level above 50%, it may continue to climb towards its short-term target price RM0.92 followed by RM0.96. If it closes below RM0.85, expect a sideway movement. Support is anticipated at RM0.78, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on pullback near RM0.85
Target: RM0.92, RM0.96 (time frame: 3-6 weeks)
Exit: RM0.78

Source: AmInvest Research - 10 Feb 2020