Radiant Globaltech jumped and touched the RM0.365 resistance level. With its higher high candle stick pattern, coupled with higher trading volume, there is a good chance it will break out and head towards the short-term target price of RM0.38, followed by RM0.39. The downside support is marked at RM0.35. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.365

Target: RM0.38, RM0.39 (time frame: 2-4 weeks)

Exit: RM0.35

Source: AmInvest Research - 5 Nov 2020