Careplus Group may rebound further after it tested MYR0.195 support recently. Given that the stock has breached above the downtrend line drawn in the chart, this indicates a positive sign. A bullish bias may appear above the MYR0.22 level, with an exit set below the MYR0.195 threshold. Towards the upside, the near-term resistance is at MYR0.26. This is followed by the MYR0.275 level.

Source: RHB Securities Research - 22 Nov 2018