Advancecon may move higher after it tested MYR0.40 support recently. Given that the stock has formed a long white candle above the rising 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.44 level, with an exit set below the MYR0.40 threshold. Towards the upside, the near-term resistance is at MYR0.51. This is followed by the MYR0.55 level.

Source: RHB Securities Research - 23 Apr 2019