Green Packet broke a new high and formed a long white candle in its lastest session with an immediate resistance price of RM0.82. With a rising RSI, the momentum may continue towards the short-term target prices of RM0.90 and RM0.95. In this case, the immediate support is anticipated at RM0.75, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on breakout RM0.82
Target: RM0.90, RM0.95 (time frame: 3-6 weeks)
Exit: RM0.75

Source: AmInvest Research - 18 Feb 2020