SDS Group rose and touched the RM0.385 resistance level. With its RSI indicator trending upwards, coupled with a higher trading volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.405, followed by RM0.42. The downside support is marked at RM0.35. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM0.385

Target: RM0.405, RM0.42 (time frame: 2–4 weeks)

Exit: RM0.35

Source: AmInvest Research - 22 Jul 2021