Tenaga National Bhd (TENAGA,5347) 

• TENAGA's share price close at RM 14.56 last Friday.
• Based on the recent price weakness, we believe the current price provides a good entry point given its solid fundamentals and remains as the top 3 by market cap in KLCI.
• From here, we expect TENAGA to test the immediate resistance level of RM14.66(R1)
• Should it break, next resistance to be seen at RM 15.10 (R2) • Conversely, support levels can be identified at RM 13.80(S1) and RM 13.54(S2). 

Source: Rakuten Research - 22 Oct 2018