Southern Score Builders is poised to continue the upside movement after breaking past the resistance on a white candlestick. The counter just printed a “higher high” bullish candlestick and closed above the MYR0.64 resistance, showing a strong bullish momentum is underway. Riding on the strong bullish momentum, the stock is eyeing to test the next resistance at MYR0.69, followed by the MYR0.75 level. On the downside, falling below the MYR0.585 support will dent market sentiment and begin the downward trajectory.

Source: RHB Securities Research - 6 Jan 2025