Oriental Kopi is eyeing to extend the bullish trajectory after staging an upside breakout on high volume. The counter has closed above the MYR0.875 resistance on a long white candlestick, which shows the bullish momentum is gaining pace. If it sustains above the breakout point, we expect a followthrough price action to test the next resistance at MYR0.935, followed by the MYR0.98 level. A fall below the MYR0.835 support will invalidate the bullish setup.

Source: RHB Securities Research - 5 Feb 2025