Solarvest Holdings is set to reclaim the MYR1.00 level as it broke past the MYR0.875 recent high on high volume – printing a “higher high” bullish pattern. The bullish momentum above that level may propel the stock towards reaching the psychological mark of MYR1.00, followed by the MYR1.15 resistance. Conversely, a fall below the MYR0.78 support level would trigger selling pressure, as it forms a “lower low” bearish pattern below the 21-day average line.

Source: RHB Securities Research - 7 Apr 2022