Niche Capital Emas Holdings is eyeing a technical rebound, as it bounced off the immediate support yesterday following a recent pullback. If the stock breaches the immediate resistance of MYR0.185, the bulls may emerge to reclaim the MYR0.215 recent high. This followed by the next resistance of MYR0.255. In the event it falls below the MYR0.16 support, the bears may rear their heads and lead the stock southwards.

Source: RHB Securities Research - 2 Mar 2022