RHB Retail Research
Trading Stocks - Mi Technovation
Mi Technovation may rebound higher after it continued holding above the MYR2.05 support. Given that the stock has formed a “Bullish Harami” pattern on 24 Sep, this indicates a potential rebound. A positive bias may emerge above the MYR2.05 level, with an exit set below the MYR2.05 threshold. Towards the upside, the immediate resistance is at the MYR2.25 level. This is followed by the MYR2.33 threshold.
Source: RHB Securities Research - 2 Oct 2019
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