Express Powerr Solutions (M) Berhad (KLSE: XPB) chart shows a clear consolidation phase, forming a strong base at the RM0.200–RM0.205 support zone. This range has repeatedly absorbed selling pressure, suggesting steady accumulation and an emerging platform for potential recovery.

The recent stabilisation and narrowing candle bodies indicate reduced volatility and a possible prelude to a technical rebound once volume returns. A sustained close above RM0.215 would confirm a breakout from this consolidation, with short-term momentum likely to build towards the RM0.23 region.

From a fundamental perspective, XPB remains backed by resilient earnings and an expanding rental fleet strategy. The group’s revenue surged from RM19.3 million in FY2021 to RM70.2 million in FY2024, with net profit climbing to RM16.6 million, reflecting robust demand for generator rental and power solutions.

The company’s diversification into solar and hybrid systems further strengthens its long-term outlook, while a dividend policy of up to 50% of net profit underlines management’s confidence in sustainable cash flow generation.

Overall, the confluence of firm technical support and improving earnings visibility suggests that XPB is entering a consolidation-to-accumulation phase, positioning it as a steady accumulation candidate at current levels pending a confirmed breakout above near-term resistance.