Mi Technovation may trend higher after it breached above the MYR1.80 mark and left an upside gap. This candle has sent the stock to its highest point in more than three months, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR1.77 level, with an exit set below the MYR1.56 threshold. Towards the upside, the immediate resistance is at the MYR2.00 level. This is followed by the MYR2.19 mark.
Source: RHB Securities Research - 26 Aug 2019
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Created by rhboskres | Aug 26, 2024