Ta Ann may rebound higher after it continued holding above the MYR2.40 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.50 level, with an exit set below the MYR2.40 threshold. Towards the upside, the near-term resistance is at MYR2.64. This is followed by the MYR2.72 level.

Source: RHB Securities Research - 11 Feb 2019