PCCS Group is eyeing another leg on the upside, after breaking past the MYR0.61 immediate resistance level. We observed that trading volume has increased, showing strong bullish momentum. If the stock sustains above the breakout point, RHB expects the follow-through momentum to propel it towards MYR0.65, followed by MYR0.68. On the downside, a breach
below the MYR0.575 support level would nullify expectations.
JAKS Resources is attempting to stage a bullish breakout. RHB said it noticed the stock is consolidating sideways and volume has been increasing, showing positive momentum is gaining traction. If it manages to break past the MYR0.285 immediate
resistance, RHB expects the stock to attract further buying pressure. In this scenario, it should climb towards the MYR0.30
mark, followed by MYR0.315. Conversely, a fall below the MYR0.26 support level would indicate that the bears are still in
control.
