Orion IXL may move higher after it continued holding above the MYR0.16 support. The stock has posted a second consecutive white candle and recoded a new 52-week high, this indicates a positive sign. A bullish bias may appear above the MYR0.18 level, with an exit set below the MYR0.16 threshold. Towards the upside, the near-term resistance is at MYR0.20. This is followed by the MYR0.22 level.

Source: RHB Securities Research - 18 Mar 2019