Securemetric's uptrend is likely to be extended after it breached a key resistance point on strong volume.

RHB Retail Research (RHB) in a note today (Aug 2) said the stock charted a long bullish candlestick and closed above the MYR0.25 resistance.

Trading volume has been increasing in tandem with its share price, pointing to a bullish underlying momentum.

This should propel the stock towards MYR0.275, then followed by MYR0.30.

On the other hand, falling below the MYR0.225 support will kickstart a correction phase.

Mikro MSC may be headed for a technical breakout, and test the immediate resistance on high volume.

The counter has been consolidating sideways below the MYR0.275 resistance.

If it pushes past the immediate resistance, a bullish bias will emerge.

In this scenario, expect a follow-through price action to test MYR0.30, followed by MYR0.32.

Towards the downside, falling below the MYR0.245 support will open the door to a downward movement.