RHB Retail Research
Trading Stocks - Mi Technovation
Mi Technovation may rebound higher after it continued holding above the MYR1.95 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR2.02 level, with an exit set below the MYR1.95 mark. Towards the upside, the immediate resistance is at the MYR2.20 level, followed by the MYR2.30 threshold.
Source: RHB Securities Research - 18 Feb 2020
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