Ta Ann may rebound further after it tested MYR2.56 support in recent trades. Given that it has formed a long white candle above the 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR2.68 level, with an exit set below the MYR2.56 threshold. Towards the upside, the near-term resistance is at MYR2.90. This is followed by the MYR3.00 level.

Source: RHB Securities Research - 3 Sept 2018