Sime Darby Property may rebound further after it tested the MYR0.905 support recently. 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 MYR0.905 level, with an exit set below the MYR0.905 threshold. Towards the upside, the near-term resistance is at MYR1.02. This is followed by the MYR1.10 level.

Source: RHB Securities Research - 17 Dec 2018