Taliworks may rise higher after breaching above MYR1.40 threshold and leaving an upside gap. This close has sent the stock to its highest close in more than 11 months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR1.40 level, with an exit set below the MYR1.22 threshold. Towards the upside, the immediate resistance is at MYR1.56. This is followed by the MYR1.66 level.

Source: RHB Securities Research - 3 Sept 2018