Mi Technovation may rise higher after it recently recovered above the MYR1.90 threshold. This can be viewed as a continuation of the bulls extending the buying momentum from 23 Aug’s upside gap. A positive bias may emerge above the MYR1.90 level, with an exit set below the MYR1.77 threshold. Towards the upside, the immediate resistance is at the MYR2.04 level. This is followed by the MYR2.20 threshold.
Source: RHB Securities Research - 5 Sept 2019
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Created by rhboskres | Aug 26, 2024