TMC Life Sciences may rebound further after it tested the MYR0.715 support recently. Given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.735 level, with an exit set below the MYR0.715 threshold. Towards the upside, the near-term resistance is at MYR0.785. This is followed by the MYR0.825 level.

Source: RHB Securities Research - 24 Oct 2018