Agmo is resuming its upside movement after climbing above the resistance level with strong volume. The stock rose above the MYR0.70 resistance to confirm a bullish setup. Meanwhile, the 21-day SMA line is moving upwards, showing that the short-term trend is bullish. Riding on the renewed momentum, the stock is setting its sights on the next resistance at MYR0.77, followed by MYR0.83. However, a fall below the MYR0.645 support would negate the bullish setup.

Source: RHB Securities Research - 2 Jul 2024