Aumas Resources is poised to resume the bullish trajectory after breaking past the resistance on high volume. The stock has crossed above MYR0.85 with a white candlestick, which shows a bullish technical setup is in play. As long as it sustains above the breakout point, it will continue to travel towards the MYR0.92 point, followed by the MYR1 mark. However, a fall below the MYR0.80 support invalidates the bullish setup and will set off a downside movement.

Source: RHB Securities Research - 4 Feb 2025