"En Route to Recovery" - EuroSports Global Ltd. (SGX: 5G1)

Based on our observation, EuroSports Global has been showing signs of recovery alongside with a sign of collection (as indicated by the MCDX indicator), while RSI shows a neutral-positive upwards trend. Currently, EuroSports is challenging its key resistance at S$0.200, with a potential to challenge higher upon breaching the resistance, while key support remains at S$0.160 as tested multiple times over the past week.

We keep a "BUY" rating for EuroSports Global, given the encouraging momentum the share price is showing.