KUALA LUMPUR (June 10): RHB Retail Research said Cuscapi Bhd is set to continue its uptrend movement after it bounced off the immediate support (previous breakout level) on high volume recently.

In a trading stocks note today, the research house said coupled with a “higher low” price pattern above the 21-day SMA line, the bullish momentum should continue above the 25.5 sen support level to propel it towards the next resistance at 30 sen, followed by 34 sen.

“If it breaches below the 22.5 sen support level, this anticipation would be cancelled,” it said.