Mikro MSC may rebound higher after it continued holding above the MYR0.225 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may appear above the MYR0.245 level, with an exit set below the MYR0.225 threshold. Towards the upside, the near-term resistance is at MYR0.285. This is followed by the MYR0.315 level.

Source: RHB Securities Research - 4 Mar 2019