The stock closed at RM0.525 and is rebounding from the RM0.510 trendline, which has held well before. It’s still in an overall uptrend, trading above the 200-day EMA and now testing the 20/50-day EMAs. RSI is recovering but MACD is still weak, so some short-term consolidation is possible. If momentum improves, targets are RM0.555 and RM0.590. A break below support invalidates the bullish view.
Entry: RM0.515–0.525
Stop Loss: RM0.470
Target: RM0.555–0.590
Source: Mercury Securities Research (12 Nov 2025)