Kerjaya Prospek Group rose and touched the RM1.28 resistance level. With its RSI indicator moving upward, coupled with higher tradaing volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM1.33, followed by RM1.36. The downside support is marked at RM1.22. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM1.28

Target: RM1.33, RM1.36 (time frame: 2-4 weeks)

Exit: RM1.22
 

Source: AmInvest Research - 13 Oct 2021