KUALA LUMPUR (March 7): RHB Retail Research said Cepatwawasan Group Bhd is resuming the upside movement after breaking past the resistance on strong volume.

In a trading stocks note on Thursday, the research house said that the stock managed to climb away from the 76 sen resistance to form a bullish candlestick.

“We observed the trading volume has increased in tandem with the higher share price, showing strong bullish momentum is underway.

“The stock should climb further towards 79 sen, followed by 82 sen.

“On the other hand, falling below the 74 sen support would open the door for downward movement,” it said.