UEM Edgenta may rebound further after it tested the MYR2.54 support in recent sessions. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR2.54 level, with an exit set below the MYR2.54 threshold. To the upside, the nearterm resistance is at MYR2.80. This is followed by the MYR3.00 level.

Source: RHB Securities Research - 3 Oct 2018