A SLOW, BUT STEADY RECOVER – FAST (KLSE: 0084) 

The technology-turned-energy company is seeing progressive recovery from its low of RM0.060 to the current RM0.080 level. We noticed a slow, but steady trend reversal as the short term SMA had overtaken the long term SMA. We see good potential upside in the company, provided that it is able to maintain its gas to breakout from the RM0.080 share price. As the company had positive corelation with oil price, we believe it could maintain its upward momentum.

TP: RM0.100, RM0.125

CL: RM0.065