Censof’s buying interest is back after it broke out of the 1-month bullish flag pattern with a long white candle yesterday. As the
20-day and 50-day EMAs are converging now and likely to confirm its positive crossover soon, the current bullish bias may
continue in the near term. A bullish bias may emerge above the RM0.30 level, with a stop-loss set at RM0.26, below the 50-day
EMA. Towards the upside, the near-term resistance level is seen at RM0.35, followed by RM0.37.

Entry : RM0.30–0.31
Target : RM0.35, RM0.37
Exit : RM0.26
 

Source: AmInvest Research - 1 Jul 2022