TAS Offshore is resuming the upside movement after climbing above the breakout point once more. The stock underwent fresh positive price action yesterday and closed above the MYR0.67 resistance. This showed the bullish momentum is picking up pace again. After the breakout, we expect the counter to continue the “higher high” movement – testing the MYR0.71 mark,followed by the MYR0.75 level. Conversely, breaching below the MYR0.65

Source: RHB Securities Research - 24 Jan 2025