Technical BUY with +26.7% potential return
Last price : S$0.355
BUY with a target price of S$0.45, as the stock may continue its rebound after forming a bottom. A break above its declining 200-day EMA and a close above S$0.37 could suggest further upside.
A golden cross formation (50 & 200-day EMA) awaits should its 50-day EMA continue to act as support. Its positive directional index could continue to rise and correspondingly with its ADX.
Protective stops could be placed at S$0.315.
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