• Target Price: RM0.965, RM1.03
• Last closing price: RM0.915
• Potential return: 5.4%, 12.5%
• Support: RM0.875
• Stop Loss: RM0.845

Possible for uptrend continuation. After a week of congestion, TUNEPRO’s price movement is picking up its prior uptrend. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.965 be broken, it may continue to lift price higher to subsequent resistance level of RM1.03.

However, failure to hold on to support level of RM0.875 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 29 Jun 2018