Superlon Holdings is poised for a bullish breakout, as it climbed to test the immediate resistance point of MYR0.72 on improved trading volume.
RHB Research in a note today (Dec 14) said if a breakout happens above that level, the stock is likely to propel strongly towards MYR0.765, before heading for the next resistance of MYR0.81.
On the other hand, falling below the MYR0.695 support will negate the bullish setup.
KPJ Healthcare is set to propel north after undergoing a technical breakout above the MYR1.38 resistance yesterday.
If a breakout above that level happens, the stock may climb towards the recent high of MYR1.45, followed by MYR1.50 mark.
On the other hand, falling below the MYR1.30 support would lead to a downtrend.
