Scope Industries may move higher after it tested MYR0.23 support lately. The stock has formed a long white candle and hit its new 52-week high, this indicates a positive sign. A bullish bias may appear above the MYR0.25 level, with an exit set below the MYR0.23 threshold. Towards the upside, the near- term resistance is at MYR0.30. This is followed by the MYR0.35 level.

Source: RHB Securities Research - 11 Apr 2019