Lagenda Properties jumped with higher trading volume, testing the immediate resistance level of MYR0.91. With the increase in trading volume over recent sessions, there could be strong interest from the bulls and the stock could break out from the resistance soon. If this happens, the share price may move higher towards the next hurdle near MYR0.945, followed by MYR0.98. A downside breach of the MYR0.875 support would negate this expectation

Source: RHB Securities Research - 9 Nov 2020