My E.G. Services is poised to resume the bullish momentum after it bounced off and attempted to move past the immediate resistance of MYR1.09 on improved trading volume while firming up its “higher low” bullish pattern. If a breakout occurs above this level, the buying interest may follow through towards the MYR1.20 resistance level, before pushing it towards MYR1.30. If it falls below the MYR1.02 support level, the momentum may dissipate.

Source: RHB Securities Research - 26 Oct 2021