* SP Setia (SPSB MK; RM3.98, SELL) ? Broke below its support trend line.
* Three-A Resources (TARE MK; RM2.09, SELL) ? Sell into strength.
* Petra Perdana (PETR MK; RM1.57, BUY) ? Uptrend likely to persist.
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SP Setia (RM3.98) ? SELL
FY10P/E: 20.8x, P/BV: 2.0x

? The stock broke below its support trend line and the 30-day SMA last Friday. If prices fail to move back above the support-turned-resistance trend line (currently at RM4.11) soon, most probably selling pressure will accelerate in days to come, if not week. The violation could also indicate that the RM4.32 high is its near term high. On the other hand, further advances should push SP Setia towards RM4.60 and RM4.76 next.
? MACD signal line continues to dwindle while its RSI is moving towards the lower band of the neutral zone. These readings point to more downside ahead.
? Broker believe the odds are slightly favouring the bears. If the RM4.11 resistance stays firm, then selling into strength is likely the best option here. Support is seen at RM3.74 and RM3.51.

SP Setia is an investment holding company. Through its subsidiaries, the company operates as building contractors and develops, invests, and leases properties.
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Three-A Resources (RM2.09) ? SELL
FY10P/E: 30.3x, P/BV: 7.2x

? Three-A Resources is gyrating in a bearish rising wedge pattern. Unless prices can inch past its RM2.18 resistance trend line, broker might see some profit taking activities along the way.
? Indicators are showing subdued patterns. Both MACD and RSI have turned flattish. There is a minor support at RM1.98, while a break below its 30-day SMA at RM1.81 would signal more downside ahead. Next downside targets are RM1.75 and RM1.60.
? For traders whom are more risk-aversed, you may consider taking some profits now. To negate this bearish outlook, the stock needs to move above the RM2.20 level.

Three-A Resources is an investment holding company. The company, through its subsidiaries, manufactures liquid caramel, caramel color, NFV, HVP, soya protein sauce, glucose syrup, and maltose syrup.
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Petra Perdana (RM1.57) ? BUY
FY10P/E: 9.2x, P/BV: 0.8x

? After taking a heavy beating in November 2009, the stock finally found a temporary bottom at RM1.20. Currently, it is building a based pattern around the RM1.40 levels.
? With its 30-day SMA also showing a stabilising trend, broker think there is a slim possibility that it might charge towards RM1.68 soon. Buying momentum should pick up when the 30-day SMA cut above its 50-day SMA. Further advances could lift the stock towards RM1.80-RM1.83 next.
? On the flip side, if prices fall below the RM1.45-RM1.40 zone, then the bulls need to be cautious, as next downside support is RM1.29 and its December?s low of RM1.20.

Petra Perdana provides engineering and maintenance services, packaging, fabrication and supplies engineered equipments. The company also has operation in information technology services for oil and gas, power generation and other heavy industries.