? AE Multi Holdings (AEM MK; RM1.10, SELL) ? Sell into strength.
? Unisem (UNI MK; RM2.46, SELL) ? Likely to take a short breather before bouncing strongly again.
? Hiap Teck Venture (HTVB MK; RM1.47, BUY) ? Still holding steady in its uptrend channel.Hang _____________________________________________________________________AE

Multi Holdings (RM1.10) ? SELL
FY10P/E: N/A, P/BV: 3.5x

? Recent rally was steep and its sustainability is the key issue here. In the near-term, AE Multi would likely consolidate sideways but there is an increased risk of a downside breakout. A fall below RM1.06 would suggest the bulls are losing favour.
? Although MACD remains firm, its RSI has started to hook downward. This could be a precursor of more volatile trend ahead. If RM1.06fails to hold, next support is weak at RM0.97, followed by RM0.93 next.
? Broker prefers to lock in profits on further upswing instead of playing catch-up. Resistance is seen at RM1.22-RM1.29.

AE Multi Holdings is an investment holding company. Through its subsidiaries, the company manufactures printed circuit boards and provides waste water treatment facilities and waste water recycling services. AE Multi also processes chemicals.
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Unisem (RM2.46) ? SELL
FY10P/E: 13.2x, P/BV: 1.4x

? Unisem?s recent run-up was steep. We think it need a short breather to neutralise some of the indicators before it could bounce up strongly again.
? Immediate support is seen at RM2.41. If this level fails to hold, next downside targets are RM2.24 and RM2.13. On the flip side, a successful breakout above RM2.60 with strong volume would indicate that the bulls are back in command.
? Its indicators are showing some signs of exhaustion. MACD histograms are losing a bit of pace, while RSI has flattened out. Hence, traders who missed the earlier run-up should accumulate only during technical pullback.

Unisem manufactures semiconductor devices. The company provides turnkey solutions to its customers in wafer grinding, packaging and testing of integrated circuits, tape and reel, and dropship services. Unisem also provides packaging and testing wide range of leadframe packages.
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Hiap Teck Venture (RM1.47) ? BUY
FY10P/E: 7.4x, P/BV: 0.8x

? The stock is holding steady in its uptrend channel. The trend line support was recently tested and proven to be a strong one. Broker may see further re-rating in its share prices, likely towards the RM1.58trend line resistance. If this level is taken out, next resistance is at RM1.69.
? Prices have also inched above its key SMAs which is another bullish sign. Risk takers may nibble now and ride the bandwagon.
? They bullish stance is also backed by the improving technical landscape. MACD is poised for the positive crossover and is about to turn positive, while its RSI has also hooked up. Keep stop tight at RM1.40.

Hiap Teck Venture is an investment holding company. Through its subsidiaries, the company imports, exports, and deals in steel products, metal hardware and building materials. Hiap Teck also invests and rents properties.