Seal is poised to extend the upside movement after breaking past the resistance on strong volume. The counter has climbed above the MYR0.60 resistance to confirm a bullish setup. We have observed the trading volume increasing in tandem with the share price, indicating a strong bullish momentum is underway. We expect a follow-through price action to test the MYR0.66 level, followed by the MYR0.72 mark. However, falling below the MYR0.545 support negates the bullish setup.
 

Source: RHB Securities Research - 4 Jul 2024