Critical Holdings is eyeing to extend the upside movement after breaching the resistance on high volume.
RHB Retail Research (RHB) in a note today (Sept 25) said the stock has closed above the MYR0.90 resistance to confirm a bullish setup.
RHB observed the 21-day SMA line is pointing upwards, showing the short-term trend is bullish.
After the breakout, the counter should continue to climb towards the next resistance at MYR0.98, followed by MYR1.05.On the other hand, falling below the MYR0.81 support would negate the bullish setup.
HPP Holdings is poised to continue the bullish pathway after staging a bullish breakout on strong volume.
It has climbed above the MYR0.42 resistance and printed a long bullish candlestick, reaffirming that the technical setup is bullish.
Riding on the strong bullish momentum, the stock is setting its sights to test MYR0.45, followed by MYR0.48.
On the flip side, falling below the MYR0.39 support would open the door for correction phase.
