MMS Ventures may rebound further after it tested the MYR1.45 support in recent sessions. Yesterday’s white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A positive bias may appear above the MYR1.50 level, with an exit set below the MYR1.45 threshold. To the upside, the near-term resistance is at MYR1.62. This is followed by the MYR1.72 level.

Source: RHB Securities Research - 4 Oct 2018