RHB Retail Research
Trading Stocks - Mi Technovation
Mi Technovation may rebound further after it tested the MYR1.65 support recently. The stock has posted a white candle, thereby leaving an upside gap – which is a positive sign. An upbeat bias may emerge above the MYR1.84 level, with an exit set below the MYR1.65 mark. Towards the upside, the immediate resistance is at the MYR2.32 level, followed by the MYR2.55 threshold.
Source: RHB Securities Research - 1 Apr 2020
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