With the recent broad market rally in the past month,  making new highs an easy feat for most of the stocks. But TA shared a different fortune. Since hitting its year-to-date high of RM0.85 on 16 October 2009; the stock has been trading in a downtrend. However based on the recent price action of TA, the current downtrend appears to be getting exhausted with a rebound forming shape at its immediate support of RM0.67. An interesting observation to note will be the MACD Histogram, it is displaying higher lows but the stock is showing lower lows, this is a classic sign of bullish divergence. The RSI oscillator has tipped into the 30% oversold level and with the stock being at a support level, there is a possibility that TA may try a rebound from its current price level. On the upside, be on the lookout for its immediate resistance at RM0.745 and a break above it may set sight on the next resistance at RM0.805. However a violation below its immediate support at RM0.67 may see the return of the bears to push the stock lower towards its next stronger support at RM0.60.