• Technical BUY with +21.2% potential return
• Last price : RM0.52
• Target price : RM0.595, RM0.63
• Support : RM0.45
• Stop-loss : RM0.445

BUY with a target price of RM0.63 and stop-loss at RM0.445. Based on the daily chart, OMST has seen its share price recover gradually to form a breakaway gap and close higher at RM0.52 following last Friday’s movement. This is supported by rising DMI and RSI indicators, indicating that positive momentum would strengthen in the near term. We expect OMST to continue the upwards movement towards our targets at RM0.595 and RM0.63 in the near to medium term.

Expected Timeframe: 2 weeks to 2 months.

Source: UOB Kay Hian Research - 13 Nov 2017