Driven by a stronger movement of USD:MYR of 1:4.58, SERNKOU had a relatively strong movement over the past 20 trading days, with a potential uptrend confirmation with EMA9 trending closely with EMA20. We are also seeing an indecisive movement of RSI as the indicator trends relatively close with the current price movement of the company. However upon breaking out from RM0.790 and psychological resistance level of RM0.800, a new uptrend may embark for SERNKOU moving forward.

SP1, SP2: RM0.775, RM0.750

R1: RM0.790

TP: RM0.825