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WTK share price remains in an uptrend and has broken out of a flag pattern, signaling a continuation of its upward momentum. Its daily Relative Strength Index (RSI) stands at 76.69.
In the short term, the stock may test the resistance zone between RM0.97 and RM1.00, while support is seen in the RM0.80–RM0.825 range
WTK progress has yet to be fully reflected in its valuation, noting that its current share price of 80 sen trades well below WTK’s net assets of RM1.56 per share
The momentum still quite strong to push towards that 1.00 target and beyond. Just keep holding steady because there is still plenty of upside potential waiting for us to unlock.
Don't worry too much about the small volume dip, because the 0.80 support is looking super steady right now. This is a solid chance to hold steady while we wait for the next big upside move.
The chart is currently consolidating near the RM0.80 support level, showing signs that buyers are stepping in to defend this zone. As long as price action holds above the 200-day moving average, the technical setup remains bullish for a potential breakout toward the RM0.90 resistance.
