RHB Investment Bank Bhd (RHB Research) has highlighted NationGate and D&O Green Technologies as stocks to watch, with both companies showing potential for bullish breakouts supported by technical momentum and trading volumes.

NationGate appears set to extend its bullish trend, closing at the RM2.15 resistance mark. A long white candlestick indicates strength, and RHB Research points to increasing trading volume alongside the stock's rising price as evidence of building momentum. Analysts project that a breakout above RM2.15 could propel NationGate towards RM2.30, with further gains potentially targeting RM2.50. However, any pullback below RM1.90 could signal a corrective phase.

D&O Green Technologies is similarly testing its immediate resistance, with strong volume underpinning recent moves. The stock has developed a pattern of "higher highs" and "higher lows," suggesting a strengthening bullish trend. RHB Research notes that a sustained break above the RM2.35 resistance level could trigger further gains towards RM2.55 and RM2.75. Conversely, a drop below RM2.15 may indicate the resumption of a bearish phase.

Both stocks reflect solid trading setups with defined support and resistance levels, positioning them as potential breakout candidates in the current market environment.