KUALA LUMPUR: HeiTech Padu Bhd shares are expected to remain highly traded today after closing 16.7 per cent higher to RM1.19 on Monday, according to Rakuten Trade.

Rakuten Trade equity analyst Queenie Tan said the stock broke out above its upper Bollinger Band yesterday with higher trading volume. 

"We also noticed high trading volume at last trading hour yesterday. With its high trading volatility, we expect high trading activities in Heitech Padu," Tan said in her technical report on the counter today.

She added that provided its share price 

maintain above its current level, Heitech Padu was poised to continue its upside momentum ahead.

The stock's resistance levels are identified at RM1.22 (R1) and RM1.39 (R2). 

Tan said on the flipside, support levels were pegged at RM1.13 (S1) and RM0.955 (S2).