Hextar Industries is set to reclaim its all-time high after bouncing off the 21-day average line while surpassing the MYR0.335 mark yesterday, thereby printing a “White Marubozu” bullish candlestick. If the bullish momentum persists, the stock may reclaim its all-time high of MYR0.36, before running into uncharted territory at the MYR0.40 mark. If it falls below the support level of MYR0.31, the stock will likely move downwards, beneath the 21-day average line.

Source: RHB Securities Research - 14 Apr 2022