Systech is poised to test the RM0.235 resistance level. With its RSI indicator pointing upwards, coupled with a higher high candle stick pattern, we see that there is a possibility it will experience a technical breakout. If this happens, expect it to travel towards the short-term target prices of RM0.255 and RM0.275. The downside support is anticipated at RM0.215, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.235

Target: RM0.255, RM0.275 (time frame: 2-4 weeks)

Exit: RM0.215

Source: AmInvest Research - 29 Sept 2020