SDS Group consolidated and retraced to the RM0.425 support level. With its higher high candle stick pattern, there is a good chance that it would experience a technical rebound and head towards the short-term target price of RM0.445, followed by RM0.45. The downside support is marked at RM0.41. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on pullback RM0.425

Target: RM0.445, RM0.45 (time frame: 2-4 weeks)

Exit: RM0.41
 

Source: AmInvest Research - 10 Jun 2021