RHB Retail Research
Trading Stocks - Mi Technovation
Mi Technovation may rebound higher after it continued holding above the MYR2.50 support. With the 21-day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR2.61 level, with an exit set below the MYR2.50 mark. Towards the upside, the immediate resistance is at the MYR2.93 level, followed by the MYR3.11 threshold.
Source: RHB Securities Research - 2 Mar 2020
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