Cafe De Coral is poised for further gains after breaking above the HKD8.60 resistance on strong volume, according to RHB Investment Bank Bhd. With the 21-day Simple Moving Average (SMA) pointing upwards, the short-term trend remains bullish. The stock is eyeing the next resistance levels at HKD9 and HKD9.40. However, if it drops below HKD8.20, it may enter a correction phase.

Meanwhile, New Oriental Education & Technology is extending its rally after surpassing the HKD64 resistance with strong momentum. The stock is now aiming for targets at HKD70 and HKD75. A dip below HKD59 could trigger a pullback.