KUALA LUMPUR (March 26): RHB Retail Research said Teladan Setia Group Bhd is showing signs of extending the uptrend after forming ‘three white soldiers’ recently, before a pause yesterday.

In a trading stocks note today, the research house said if the stock manages to cross above the 62.5 sen resistance level, expect the bullish momentum to travel towards the next resistance of 64 sen, followed by 70 sen.

“Meanwhile, if the support level of 57.5 sen is breached, this trading set-up would be invalidated,” it said.