Taliworks Corporation is poised to continue its uptrend movement as it bounced off the support level, eyeing to break through the immediate resistance of MYR0.98 – on the back of high trading volume. If it manages to surpass that level, the bulls are expected to propel it towards the MYR1.03 resistance, followed by the MYR1.06 next resistance. Conversely, falling below the MYR0.93 support should trigger selling pressure, printing a “lower low” bearish pattern beneath the 21-day average line.

Source: RHB Securities Research - 8 Mar 2022