RHB Retail Research
Trading Stocks - Mi Technovation
Mi Technovation may rebound further after it tested the MYR2.15 support recently. As the stock recently recovered above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR2.30 level, with an exit set below the MYR2.15 threshold. Towards the upside, the near-term resistance is at MYR2.51. This is followed by the MYR2.63 level.
Source: RHB Securities Research - 28 Jan 2019
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