KUALA LUMPUR (April 4): RHB Retail Research said Hextar Global Bhd is set to resume its uptrend as it breached the RM1.62 immediate resistance on strong volume last Friday (April 1) — printing a “higher high” bullish pattern.

In a trading stocks note on Monday, the research house said if the bullish momentum persists, the stock may propel towards the next resistance of RM1.87, followed by the RM2 psychological level.

“However, the momentum may lose steam if it falls below RM1.52, beneath the 21-day average line,” it said.