Fitters Diversified’s upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR0.52 level, with an exit set below the MYR0.47 threshold. Towards the upside, the immediate resistance is at MYR0.58. This is followed by the MYR0.62 level.

Source: RHB Securities Research - 6 Mar 2019