Serba Dinamik Holdings surged past the resistance level of RM2.38 at the latest session. With an RSI above 60%, a bullish bias may be present above this mark with the target prices of RM2.55 and RM2.65. If it dips below RM2.38, expect a sideway consolidation again. In this case, the immediate support is anticipated at RM2.28, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on breakout RM2.38
Target: RM2.55, RM2.65 (time frame: 3-6 weeks)
Exit: RM2.28

Source: AmInvest Research - 14 Feb 2020