Astro Malaysia may rebound higher after it continued holding above the MYR1.32 support. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR1.40 level, with an exit set below the MYR1.32 threshold. Towards the upside, the near-term resistance is at MYR1.57. This is followed by the MYR1.71 level.

Source: RHB Securities Research - 12 Oct 2018