Mi Technovation may rebound higher after it continued holding above the MYR2.02 support. As it has formed a positive candle for the third consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.20 level, with an exit set below the MYR2.02 threshold. Towards the upside, the near-term resistance is at MYR2.40. This is followed by the MYR2.50 level.

Source: RHB Securities Research - 29 Mar 2019