RHB Retail Research
Trading Stocks - HPMT Holdings
HPMT Holdings is resuming its uptrend after it formed a “White Marubozu”. The share price is moving higher in tandem with strong volume, indicating that the bullish momentum is picking up pace. If it breaks above the MYR0.67 resistance level, expect it to travel towards the next resistance of MYR0.70, followed by MYR0.75. A downside breach of MYR0.595 would negate this trading bias.
Source: RHB Securities Research - 31 March 2021
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