Formosa Prosonic Industries may rebound further after it tested MYR1.88 support in its latest session. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR1.88 level, with an exit set below the MYR1.88 threshold. Towards the upside, the near-term resistance is at MYR2.10. This is followed by the MYR2.20 level.

Source: RHB Securities Research - 22 Feb 2019