• Target Price: RM0.615, RM0.670
• Last closing price: RM0.560
• Potential return: 9.8%, 19.6%
• Support: RM0.535
• Stop Loss: RM0.470

• Possible for trend reversal. SYSCORP is potentially staging a breakaway from  its downtrend, with anticipation of continuous improvement in both momentum  and trend in the near term. Should immediate resistance level of RM0.615 be  broken with renewed buying interest, it may continue to lift price higher to  subsequent resistance level of RM0.670.

However, failure to hold on to support level of RM0.535 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 18 May 2023