LCTITAN gained 18.0 sen (+3.89%) to end at RM4.81 on Monday.
The share had been hovering around the RM4.20 support level for a month before seeing strong buying interest that saw the share increase by 12.4% from a week ago.
Overall technical outlook is positive with the share having just broken above the 50-day SMA while other momentum indicators are displaying bullishness.
From here, should there be a follow-through in buying momentum, we may see the share testing its resistances at RM5.00 (R1) and RM 5.30 (R2).
Conversely, downside bias should see supports at RM4.70 (S1) and RM4.20 (S2).
GCB (Not Rated)
On previous Monday, GCB gained 19.0 sen (+6.64%) to close at RM3.05 on the back of stronger-than-average trading volume.
Chart-wise, the share has been on an uptrend since April and the share has closed above the psychological resistance level of RM3.00.
Momentum indicators appear supportive for a bullish move as indicated by the bullish MACD, RSI and Stochastic.
Should buying momentum be sustained, we look towards RM3.25 (R1) and RM3.45 (R2).
Conversely immediate support level can be seen at RM2.80 (S1) and further down towards RM2.52 (S2).
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