Notion VTEC may rebound higher after it continued holding above the MYR0.745 support. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A positive bias may emerge above the MYR0.80 level, with an exit set below the MYR0.745 threshold. Towards the upside, the immediate resistance is at the MYR0.87 mark. This is followed by the MYR0.90 level. JAKS Resources may climb higher after it formed a second consecutive white candle. This can be viewed as a continuation of the bulls extending the buying momentum from 31 Oct’s upside gap. A positive bias may emerge above the MYR1.11 level, with an exit set below the MYR1.00 threshold. Towards the upside, the immediate resistance is at the MYR1.24 mark. This is followed by the MYR1.35 level

Source: RHB Securities Research - 11 Nov 2019