Widad Group may climb higher after forming a long white candle and hitting its highest close in more than four months. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.335 level, with an exit set below the MYR0.295 threshold. Towards the upside, the near-term resistance is at MYR0.37. This is followed by the MYR0.39 level.

Source: RHB Securities Research - 27 Feb 2019