KUALA LUMPUR (Dec 31): RHB Retail Research said Ramssol Group Bhd is set to propel higher, after pushing above the resistance level of 79.5 sen recently on improved trading volume.

In a trading stocks note today, the research house said if the stock stays above that level, buying pressure should continue to push the stock towards the resistance of 84 sen, followed by 93 sen.

“If it falls below the 76 sen support, the momentum may be reversed – below the 21-day average line,” it said.