KLSEPSP - ANNJOO - already woke up?

ANNJOO (6556)

Current Price = RM1.75

From previous high, the share price dropped to lowest at RM1.63 due to dividend issued. Share started to rise after AGM, and now closed at RM1.75. I expecting the share to rise at least 38.2% retrenchment as what had happened in previous rebound.

News
1) 1st Q, loss 1.041mil.
2) AGM was on 31st of May. (You can find the content here)

Lets see more details chart with indicators.

1) Volume had been quiet for some time (Feb - May)
2) At ~ RM1.68, share transaction was high volume, and price was well maintained. After that share adjusted due to dividend issued( fell lowest to RM1.63).
3) At this point, Accu chart is pointing up.
4) After dividend ex-date, MACD lines were crossing and perform a bullish trend even though it was in bearish territory.
5) Up to this date, OBV is going up according to price. ACCU also in good condition.
6) SMA is about to make a golden cross. (this chart is not price adjusted. If price adjusted, the SMA already crossed)
7) PSAR is showing bullish sign.
8) Now we are waiting for new set of volume to come in.
9) Target price for short term is RM1.87. Before that, stock needs to pass RM1.79, RM1.81 & RM1.85.
10) If the uptrend is strong and persists, then RM1.95 & RM2.02 are the targets. But bear in mind, company announced 1st Q loss on end of May .

Resistances at RM1.78 & RM1.87.
Supports are at RM1.72, RM1.70, RM1.68, RM1.66