Mexter Technology may rebound higher after it continued holding above the MYR0.38 support. Last Friday’s close has sent the stock to its highest close in more than six months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.42 level, with an exit set below the MYR0.38 threshold. To the upside, the near-term resistance is at MYR0.47. This is followed by the MYR0.50 level.

Source: RHB Securities Research - 1 Oct 2018