T7 Global broke past the RM0.46 resistance level in recent session. With a rising RSI, the bullish momentum may continue to travel towards the short-term target prices of RM0.49 and RM0.515. Meanwhile, it may move sideways if it dips below the RM0.46 mark in the near term. In this case, the downside support is anticipated at RM0.44, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.46

Target: RM0.49, RM0.515 (time frame: 3-6 weeks)

Exit: RM0.44

Source: AmInvest Research - 21 Feb 2020