Pentamaster Corp Bhd is nearing a bullish breakout as it tests immediate resistance levels with strong trading volumes, according to RHB Investment Bank Bhd (RHB Research). The stock has been charting a series of "higher high" white candlesticks, signalling that bullish momentum is gaining traction.

RHB Research notes that if Pentamaster successfully breaks above the RM3.80 resistance level, it is likely to attract further buying interest. In such a scenario, the stock is expected to climb towards RM4.00, followed by RM4.30. However, if Pentamaster fails to hold its ground and falls below the RM3.45 support, the stock is expected to resume its correction phase.

Meanwhile, Shin Yang Group appears set to extend its bullish trajectory after breaching the immediate resistance level. The stock printed a white candlestick in the previous trading session, closing above the RM0.90 resistance, which confirms a bullish setup, RHB Research highlights.

The stock's 21-day simple moving average (SMA) is pointing upwards, further supporting the short-term bullish trend. Following this breakout, Shin Yang is expected to rise towards RM0.95, with potential to reach RM1.00. However, a dip below the RM0.835 support would invalidate this bullish outlook, the research report adds.

Investors are advised to monitor these key levels closely as they navigate the opportunities presented by both counters.