WTK formed a long white candle, indicating that the momentum of buying could be strong. This close has sent the stock to its highest close in more than five months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.56 level, with an exit set below the MYR0.52 threshold. Towards the upside, the near-term resistance is at MYR0.62. This is followed by the MYR0.685 level.

Source: RHB Securities Research - 6 Mar 2019