Notion VTEC climbed above the resistance level of RM1.02. Note that the RSI has reached the oversold region, indicating there could be a technical rebound towards the short-term target prices of RM1.12 and RM1.16. In this case, the downside support is anticipated at RM0.945, whereby traders may exit on a breach to avoid the risk of a further correction Trading Call: Buy near RM1.02
Target: RM1.12, RM1.16 (time frame: 3-6 weeks) Exit: RM0.945
Source: AmInvest Research - 3 Mar 2020
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