MTAG Group is scaling upwards after breaking past the immediate resistance MYR0.675 on strong volume. In the last three trading sessions, it charted bullish candlesticks with high volume, which indicates that the bulls are taking control. Expect follow-through momentum to propel the stock towards MYR0.72, followed by MYR0.76. On the flip side, breaching below the MYR0.635 would negate the bullish setup.
Source: RHB Securities Research - 30 Jan 2023