MTAG staged a positive intraday price reversal after it tested the MYR0.49 support mark. At the close, it crossed above the MYR0.54 resistance mark. A positive bias may emerge above this level with subsequent resistance points pegged at MYR0.565 and MYR0.635. A stop-loss can be placed below MYR0.53
Source: RHB Securities Research - 29 Jan 2020