G3 Global may soon test the RM2.79 resistance level. With a rising RSI, a bullish bias may be present above this mark with the short-term target prices of RM3.00 and RM3.25. Meanwhile, it may continue moving sideways if it fails to cross the RM2.79 mark in the near term. In this case, the downside support is anticipated at RM2.45, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy near RM2.79
Target: RM3.00, RM3.25 (time frame: 3-6 weeks)
Exit: RM2.45

Source: AmInvest Research - 11 Feb 2020