Straits Inter Logistics Bhd (0080) 

• STRAITS closed up 1.5sen to RM0.24 yesterday chalking up 6.67% gain.
• Yesterday's breakout saw the price closing above key moving averages with a bullish long white candle and increase in trading volume after a lengthy consolidation. Should buying momentum continues, the stock is set to rise further as it remains as one of the laggards among the oil and gas stocks supported by stronger Crude Oil Price currently at above US$65/barrel.
• Resistance levels are expected at RM0.245 (R1) and further to RM0.250 (R2).
• Meanwhile, immediate support levels can be found at RM0.215 (51) and RM0.210 (S2).