Last week, TUNEINS broke out of a 9-month long “Symmetrical Triangle”. While there has been a lack of follow-through buying since then, the technical picture remains bullish with the key momentum indicators still in positive territory. At the same time, the share price has also found some support at the former resistanceturned-support (Upper triangle tines). Should buying interest resume, the technical picture indicates that TUNEINS could, in fact, move past its all-time high of RM2.21 towards RM2.32 next.

 

Source: Kenanga