• Technical BUY with +39.5% potential return
• Last price: RM0.925
• Target price: RM1.14, RM1.29
• Support: RM0.815
• Stop-loss: RM0.81

BUY with a target price of RM1.29 and stoploss at RM0.81. Based on the daily chart, share price is recovering gradually to move above the 7- and 21-day EMAs and is starting to form a series of higher highs and higher lows. Yesterday’s gain was also accompanied by high trading volume as well as the rising MACD and RSI indicators, which indicate the positive momentum in the near term. We peg our targets at RM1.14 and RM1.29 in the near to medium term.

Expected Timeframe: 2 weeks to 2 months