Greatech Technology may break past the resistance level of RM2.49 with higher trading volume. The RSI is above the 50% threshold, indicating the bullish momentum will travel towards the short-term target prices of RM2.65 and RM2.80. The downside support is anticipated at RM2.25, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM2.49

Target: RM2.65, RM2.80 (time frame: 3-6 weeks)

Exit: RM2.25

Source: AmInvest Research - 15 Apr 2020