RHB Retail Research says Boustead Holdings Berhad formed a white candle to cross above the MYR0.69 resistance mark, following the completion of its consolidation around the 21-day SMA line.
In a trading note, the research house says a positive bias may emerge above MYR0.69, with resistance levels at MYR0.75 and MYR0.80.
A stop-loss can be set below MYR0.675.