Freight Management Holdings is ready to propel higher, given that it recently broke past the MYR0.875 immediate resistance while retracing above that level yesterday on lower volumes. If it manages to maintain above this level, bullish momentum may persist in boosting it towards the MYR0.95 resistance. This will be followed by the MYR1.01 resistance. Such expectations will be nullified if it falls below the MYR0.84 support level.

Source: RHB Securities Research - 14 Dec 2021