Dagang NeXchange is poised to extend its upside movement, testing the MYR0.825 immediate resistance with high trading volume. If the stock breaches the immediate threshold, a bullish bias may emerge again, lifting the stock towards the next resistance at MYR0.865, followed by MYR0.935. However, the positive expectation may be nullified if it falls below the MYR0.76 support level.

Source: RHB Securities Research - 5 Jan 2022