Hiap Teck Venture may climb higher after it breached above the MYR0.30 mark. This close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.29 level, with an exit set below the MYR0.255 threshold. Towards the upside, the near-term resistance is at MYR0.33. This is followed by the MYR0.35 level.

Source: RHB Securities Research - 23 Jan 2019