Ranhill may rebound further after it tested MYR0.755 support in its latest session. Given that the 21-day SMA line has crossed above the 55-day SMA line recently, this indicates a positive sign. A bullish bias may emerge above the MYR0.79 level, with an exit set below the MYR0.755 threshold. Towards the upside, the immediate resistance is at MYR0.85. This is followed by the MYR0.90 level.

Source: RHB Securities Research - 13 Sept 2018