Insas is set continue its uptrend momentum after breaking past the immediate resistance of MYR1.09 on high trading volume yesterday – printing a “higher high” bullish structure. If it manages to stay above that level, the bulls may drive the stock towards the immediate resistance of MYR1.20, followed by MYR1.30. Conversely, falling below the MYR1.04 support level – forming a “lower low” pattern – will cancel this expectation.

Source: RHB Securities Research - 10 Nov 2021