? Trading Idea: RAMSSOL GROUP BERHAD (Find us on Tele)

BUY/LONG: +/- RM0.58

SL: RM0.42 (25%)

TP1: RM0.65 (12%)

TP2: RM0.72 (24%)

TP3: RM0.93 (66.96%)

REASON: The stock is currently in an accumulation phase leading up to the end of October, with the next earnings report expected in November. It's building a cup and handle pattern, indicating a potential bullish breakout. This classic reversal pattern suggests strong upward momentum if the breakout occurs above RM0.60, with a risk/reward ratio of 2.68. The setup aligns with Fibonacci retracement levels and positive technical indicators (MACD and RSI).