Nova Wellness Group may trend higher after it formed a third consecutive white candle. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR0.64 level, with an exit set below the MYR0.58 threshold. Towards the upside, the immediate resistance is at MYR0.70. This is followed by the MYR0.75 level.VisDynamics may rebound further after it tested the MYR0.43 support lately. Yesterday’s long white candle sent the stock to its 6-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.455 level, with an exit set below the MYR0.43 threshold. Towards the upside, the immediate resistance is at the MYR0.50 level. This is followed by the MYR0.75 level.

Source: RHB Securities Research - 16 Oct 2019