UEM Sunrise may rebound higher after it continued holding above the MYR0.755 support. Yesterday’s candle has sent the stock to its highest close in more than four months, indicating a positive sign. A bullish bias may appear above the MYR0.80 level, with an exit set below the MYR0.755 threshold. Towards the upside, the near-term resistance is at MYR0.865. This is followed by the MYR0.90 level.

Source: RHB Securities Research - 19 Feb 2019