1. Strong Closing Basis: Finishing at 0.20 ( the daily high) suggests that buyers were still aggressive right up until the match. This often leads to a gap-up on Monday morning.
2. Volume Confirmation: The 2.73 million volume confirms that this is not a retail "pump." Institutional accumulation is clearly underway as we head into the final 10 days before the May 26 results.
3. Resistance Shift: Clearing the 50-day EMA at 0.185 and holding 0.195 means the next natural target is the RM 0.215 - RM 0.220 zone.
Analysis from Gemini