Based on our observation of Tanco Holdings, there is a continued influx of capital within the price range of RM0.815 to RM0.870. This indicates strong cumulative buying power and limited selling pressure. The encouraging price-volume action, supported by strong EMA, suggests that Tanco’s momentum is likely to continue.

A bullish bias may emerge if the price surpasses the RM0.860 level. For risk management, a stop-loss should be set at RM0.785. On the upside, we anticipate the near-term resistance level to be RM0.870, followed by a key resistance level at RM1.000.

Entry: RM0.850 - RM0.870

Target: RM1.000

Exit: RM0.780