Critical Holdings may trend higher after hit a new all-time high with a long white candle yesterday. The stock’s move above the RM0.80 resistance, which left an upside gap, suggests that a positive outlook can be expected here. A bullish bias may emerge above the RM0.80 level with stop-loss set at RM0.73, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM0.95, followed by RM1.00.

Entry : RM0.80–0.855

Target : RM0.95, RM1.00

Exit : RM0.73

Source: AmInvest Research - 27 Mar 2024