OKA Corporation has been range-bound during recent sessions with an immediate resistance price of RM0.73. With the momentum indicator RSI rising above 50%, there is a possibility it will break above the resistance price and move towards the target prices of RM0.77 and RM0.81. The immediate support is anticipated at RM0.67, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy on breakout RM0.73
Target: RM0.77, RM0.81 (time frame: 3-6 weeks)
Exit: RM0.67

Source: AmInvest Research - 20 Feb 2020