• Target Price: RM0.445, RM0.475
• Last closing price: RM0.425
• Potential return: 4.7%, 11.7%
• Support: RM0.400
• Stop Loss: RM0.380

• Possible for sideways breakout. T7GLOBAL is potentially staging a  breakaway from its sideways channel, with anticipation of continuous  improvement in both momentum and trend in the near term. Should immediate  resistance level of RM0.445 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.475.

However, failure to hold on to support level of RM0.400 may indicate weakness  in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 19 May 2023