* Supermax Corp (SUCB MK; RM5.56, SELL) ? A doji star pattern seen.
* Rubberex Corporation (RBRX MK; RM2.89, SELL) ? Correction underway?
* Lion Industries (LLB MK; RM1.58, SELL) ? Long black candle.
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Supermax Corporation (RM5.56) ? SELL
FY10P/E: 10.9x, P/BV: 2.9x

? Supermax?s recent rally may have come to an end following the sharp pullback on Friday. The Doji pattern formed on Thursday was confirmed by a long black candle (a doji star pattern) and the odds are turning in the bears? favour. We see more risk to the downside as on the weekly chart, the stock posted a long upper shadow shooting star pattern.
? Underlying sentiment is weak. The indicators have turned negative. MACD histograms are losing a bit of pace here while its RSI has also hooked downward, likely to fall towards the neutral zone.
? The broker thinks traders should do well selling into strength. Resistance is seen at RM6.02-RM6.18 while support is weak at RM4.58 (also its 30-day SMA). However, there may be some mild support at RM5.00, the psychological support.

Supermax Corporation is an investment holding company whose subsidiaries manufacture, sell, and export various type of latex gloves around the world.
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Rubberex Corporation (RM2.89) ? SELL
FY10P/E: N/Ax, P/BV: 1.6x

? Due to the parabolic rise in prices, there is a good chance that this run looks like a bubble is taking form. Last Friday?s long black marubozu, which confirmed the long legged doji on Thursday, likely confirmed that that this bubble has burst. On its weekly chart, it has a similar shooting star pattern, just like the one on Supermax above.
? Indicators are looking overly stretched on the upside. Expect prices to continue to tumble in the days to come as it corrects the overbought situation.
? The broker thinks traders ought to take profits now or sell on rebounds. Resistance is seen at RM3.20 and RM3.36. Weak support is found around the RM2.63 and RM2.28 levels.

Rubberex Corporation is an investment holding company. The company, through its subsidiaries, manufactures and sells household and industrial rubber gloves.
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Lion Industries (RM1.58) ? SELL
FY10P/E: N/A, P/BV: 0.4x

? A long black candle on Friday is likely a precursor to more profit taking in the coming days. There is also a chance that it could be forming a huge double top around the RM1.70-1.75 levels.
? The MACD is back at the similar level of the previous run towards RM1.75 and appears to be losing momentum. Its RSI just issued a sell signal after falling below its overbought region.
? Prices are likely to close the RM1.48-1.50 gap in the near term. The next support is at RM1.38-1.40, its moving averages. Falling below would likely signal another test of RM1.12 in the medium term. Unload now.

Lion Industries Corporation is an investment holding company. Through its subsidiaries, the company manufactures and markets steel bars, wire rods, and hot briquetted iron as well as develops and manages properties. Lion Industries also operates timber extraction, pulp, and paper mill as well as manufactures and sells beer and non-alcoholic drinks.