KUALA LUMPUR (March 8): RHB Retail Research said Autocount Dotcom Bhd is set for a technical breakout after bouncing off the 21-day simple moving average line strongly to breach above the 70 sen mark with strong volume on Thursday.

In a trading stocks note on Friday, the research house said that riding on the latest “higher high” bullish structure, the counter should climb towards the 75 sen resistance, followed by the 80 sen mark.

“Meanwhile, falling below the 66 sen immediate support will nullify the bullish setup,” it said.