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Stock Picks Of The Day — Crescendo, Taghill

Business Today ·  09/27 08:02

Crescendo is poised to extend the bullish trajectory after
breaking past the resistance on high volume.

RHB Retail Research (RHB) in a note today (Sept 27) said the stock has closed above the aarm1.63 resistance with a long bullish candlestick, suggesting strong bullish momentum is underway.

Riding on the momentum, the counter is eyeing to test RM1.75, followed by RM1.90.

Meanwhile, falling below the RM1.50 support would
open the door for correction.

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Taghill is eyeing to stage a bullish breakout, testing the
immediate resistance on strong volume.

The stock has printed a bullish candlestick showing positive momentum is gaining traction.

If it breaks past the RM0.15 resistance, RHB said that bullish bias will emerge.

In this case, the counter should climb towards RM0.165, followed by MYR0.18.

On the flip side, breaching below the RM0.13 support would set off the correction phase.

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