Kimlun Corp may move higher after it continued holding above the MYR1.17 support. Given that it has formed a long white candle for the second consecutive session, the positive sentiment has been enhanced. A bullish bias may appear above the MYR1.26 level, with an exit set below the MYR1.17 threshold. Towards the upside, the near-term resistance is at MYR1.40. This is followed by the MYR1.50 level.

Source: RHB Securities Research - 17 Apr 2019