Greatech Technology may soon move higher to test the RM2.08 resistance level. Notice that the RSI is heading upwards indicating that momentum is building. There’s a possibility it will experience a breakout and travel towards the short-term target prices of RM2.28 and RM2.48. The downside support is anticipated at RM1.88, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on breakout RM2.08
Target: RM2.28, RM2.48 (time frame: 3-6 weeks)
Exit: RM1.88

Source: AmInvest Research - 31 Mar 2020