Y.S.P. Southeast Asia may rebound further after it tested MYR2.85 support in recent session. This upward momentum is likely to continue, given that it has formed a second consecutive positive candle. A bullish bias may appear above the MYR2.95 level, with an exit set below the MYR2.85 threshold. Towards the upside, the near-term resistance is at MYR3.23. This is followed by the MYR3.40 level.

Source: RHB Securities Research - 7 Nov 2018