Dataprep Holdings has been consolidating range-bound near the RM0.21 level during recent sessions. As the momentum indicator RSI has moved above 50%, there is a possibilibity it will climb to the next target price of RM0.23 followed by RM0.24. On the downside, support is anticipated at RM0.195 whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy near RM0.21
Target: RM0.23, RM0.24 (time frame: 3-6 weeks)
Exit: RM0.195
Source: AmInvest Research - 12 Feb 2020
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Created by AmInvest | Nov 25, 2024