Recall that just last week, we highlighted DELEUM when it was traded at RM3.15 (technical report dated 4 July) and when the share price broke out of its "Falling Wedge" chart pattern back then. The share price has since risen 16% to RM3.65, brought on mostly by yesterday's 47 sen surge. Now with the RM3.20 and RM3.50 resistance levels taken out, DELEUM has a clear path towards its high of RM3.86 in May13. At present, the key indicators remain strong, and should the price action manage a breakout above RM3.86 next, we believe that it could potentially rally towards the RM4.51 measurement objective ( look to take profit 3 sen below this 

level).