InNature may soon moves higher to test the resistance level RM0.395. Observe that RSI momentum indicator above 50%, couple with high trading volume, we foresee it will experience technical breakout. If this happens, it may climb towards short-term target prices of RM0.425 and RM0.475. In this case, the downside support is anticipated at RM0.345, whereby traders may exit on a breach to avoid the risk of a further correction
Trading Call: Buy on breakout RM0.395
Target: RM0.425, RM0.475 (time frame: 2-4 weeks)
Exit: RM0.345
Source: AmInvest Research - 30 Apr 2020
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