Sime Darby Plantation may rebound further after it tested MYR3.95 support recently. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may emerge above the MYR4.25 level, with an exit set below the MYR3.95 level. Towards the upside, the immediate resistance is at MYR4.60. This is followed by the MYR4.82 level.

Source: RHB Securities Research - 20 Dec 2018